Jacksonville Electric Authority (JEA), founded in 1968 and located in Jacksonville, Florida, serves as a public utility providing electric and water services to the city and surrounding areas. JEA is committed to delivering reliable, affordable energy and water solutions while promoting sustainable practices and innovative technologies.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| JACPWR 5.58% 2027-10-01 USDJacksonville Electric Authority(JEA) | United States | 2027-10-01 | 5.582 | 5.43 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The JEA has a history of bond issuances dating back to its inception, primarily aimed at funding infrastructure improvements and expansions. Notably, in 2018, JEA issued $600 million in revenue bonds to support capital projects, with yields that remain competitive within the utility bond sector. Recently, discussions around potential privatization have sparked interest among bondholders, as any transition could affect bondholder rights and repayment structures. Current yields reflect a trend in the industry, balancing investor demand with the authority’s financial strategies amidst evolving market conditions.