
The Industrial Development Authority of the County of Prince William, established to promote economic growth in the region, is dedicated to providing financial assistance and resources to local businesses. Located in Prince William County, Virginia, the Authority facilitates the issuance of tax-exempt bonds to support various economic development projects, including infrastructure improvements, education facilities, and commercial real estate developments.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PRIDEV 4.52% 2041-10-01 USDIndustrial Development Authority of the County of Prince William | United States | 2041-10-01 | 4.524 | 5.36 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Authority has issued bonds to fund numerous initiatives that bolster the local economy. Key bond issuances include the $10 million revenue bonds issued in 2010 for construction projects, as well as recent issuances that have provided competitive yields compared to the industry average. In 2023, the Authority saw significant interest in its bonds due to their strong backing from local development initiatives and growing investor confidence, showcasing its crucial role in the regional financial landscape.