The Hartford Stadium Authority, established in Hartford, Connecticut, focuses on enhancing the city's sports and entertainment infrastructure while boosting local economic development. The authority's primary offerings include the management and operation of sports facilities, with a significant emphasis on the hosting of various athletic events and community activities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HRTCTT 5.38% 2042-02-01 USDHartford Stadium Authority | United States | 2042-02-01 | 5.375 | 6.50 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Hartford Stadium Authority has been pivotal in financing municipal projects through bond issuances. Notably, the authority first issued bonds in the late 1990s to fund the construction of major sports complexes. Recently, they issued a significant series of revenue bonds that generated interest rates competitive with industry averages, further enhancing local funding for infrastructure improvements. The bonds come with features such as call options, allowing for early redemption, which has drawn interest from retail investors seeking flexibility in their portfolios.