
The Arizona School Facilities Board (ASFB), founded to address the pressing needs of the state's educational infrastructure, is located in Phoenix, Arizona. The board's primary purpose is to oversee the construction, renovation, and maintenance of school facilities across Arizona, ensuring that educational environments are safe and conducive to learning. Key services include providing funding assistance, developing school construction standards, and managing assessments for school infrastructure projects.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
AZSEDU 6.00% 2027-09-01 USDArizona School Facilities Board | United States | 2027-09-01 | 6.000 | 3.86 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the ASFB has issued a series of bonds to finance various school facility projects within the state. Notably, the board launched its first bond issuance program in 2001, significantly aiding in the modernization of aging school infrastructure. Recent bond issuances have exhibited competitive yields when compared to industry benchmarks, often featuring special provisions for additional funding during emergencies. In 2022, the board garnered attention with a substantial bond package aimed at major renovations across public schools, reaffirming its ongoing commitment to enhancing educational facilities statewide.