The Louisville and Jefferson County Metropolitan Sewer District (MSD), established in 2002 and situated in Louisville, Kentucky, is dedicated to ensuring effective wastewater and stormwater management for its residents. With a mission to protect public health and the environment, MSD operates an extensive network of sewer systems and treatment facilities that serve the urban community.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LOUUTL 6.25% 2043-05-15 USDLouisville and Jefferson County Metropolitan Sewer District | United States | 2043-05-15 | 6.250 | 5.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, MSD has utilized bond issuances to finance significant infrastructure projects, starting with its first bond offering in 2003, which raised capital for modernization and expansion of its facilities. Noteworthy bond issuances include the $75 million in 2016 for improvements in stormwater management, reflecting MSD's commitment to sustainability. Currently, MSD's bonds yield competitively within the industry, often featuring strong rates due to their strategic importance and reliable revenue streams from service fees. In recent news, MSD announced plans for additional issuances to fund upcoming projects aimed at enhancing system resilience against climate-related events.