The Convention Center Authority of the Metro Government of Nashville & Davidson is a public authority established to support the development and operation of convention and meeting facilities in Nashville, Tennessee. The Authority oversees the Music City Center, a state-of-the-art venue that hosts various events, contributing significantly to the local economy through tourism and business activities.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Authority has been instrumental in financing major projects through bond issuances, with its first bond series launched in the early 2000s to fund the Music City Center's construction. Recent significant bond issuances include a $200 million offering in 2020 aimed at refinancing existing debt, which provides attractive yields compared to industry averages. Currently, their bonds maintain favorable ratings, reflecting solid financial practices and a stable revenue-generating capacity associated with Nashville's robust tourism sector.