Los Angeles Wildfires Credit Impact
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Science
PIMCO expects no disruption to LA muni bondholder payments after fires

82% Informative
Los Angeles municipal bond issuers should be able to absorb losses caused by fires in the region without disrupting payments to investors, PIMCO says.
The Los Angeles region has been devastated by a series of wildfires since Jan. 7 that are still not fully contained.
Los Angeles city and county, along with nearby school districts and the state of California , are in a strong financial position to manage losses.
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