The Economic Development Authority of Loudoun County was established to promote economic growth and development within Loudoun County, Virginia. This authority plays a vital role in fostering investment through various means, including the issuance of bonds and facilitating public-private partnerships.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LDNDEV 4.00% 2034-06-01 USDEconomic Development Authority of Loudoun County | United States | 2034-06-01 | 4.000 | 4.45 |
| LDNDEV 4.20% 2038-06-01 USDEconomic Development Authority of Loudoun County | United States | 2038-06-01 | 4.200 | 4.86 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Economic Development Authority has actively participated in bond issuance to finance local projects, with significant milestones including its first bond issuance in 2004 for infrastructure improvements. Recent notable issuances include a $30 million bond in 2021 aimed at enhancing broadband access, which reflects the authority's focus on meeting contemporary needs while offering yields competitive with the industry average of 3.5%. The bonds typically feature tax-exempt status, attracting a range of investors seeking stable returns, and have been well-received in the capital markets, demonstrating strong demand amid favorable economic conditions.