The Borough of Naugatuck, Connecticut, was established in 1895 and serves as a thriving municipality located within New Haven County. This borough focuses on enhancing community welfare and providing essential services to its residents and businesses. Naugatuck is known for its rich industrial history and commitment to revitalizing its local economy through various development initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NAU 5.91% 2033-06-01 USDBorough of Naugatuck Connecticut | United States | 2033-06-01 | 5.910 | 4.29 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The municipality of Naugatuck has been active in the bond market since the early 20th century, with significant bond issuances to fund infrastructure projects and community development. Notably, in 2021, Naugatuck issued $5 million in general obligation bonds to improve public facilities and upgrade aging infrastructure, resulting in favorable yields compared to the industry average. The borough's bonds often feature a favorable tax-exempt status, attracting retail investors interested in stable income opportunities. Current discussions around potential future issuances are positioned to further enhance the financial landscape of Naugatuck, promoting growth and investment.