
Paducah Independent School District Finance Corporation, established in Paducah, Kentucky, serves the primary purpose of providing financing for educational improvements within the district. The corporation focuses on issuing bonds that fund school construction, renovation projects, and other capital expenditures aimed at enhancing educational infrastructure for its students.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PADEDU 5.00% 2030-12-01 USDPaducah Independent School District Finance Corporation | United States | 2030-12-01 | 5.000 | 4.98 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The corporation began issuing bonds in the early 2000s, with significant issuances such as the 2015 Series A Bonds, which raised funds for major renovations across multiple schools. Current bond yields typically align closely with industry averages, reflecting a stable financial environment for investors. Notably, they feature tax-exempt status, which can enhance returns for certain investors. Recent news highlights the successful completion of a $5 million bond refinancing initiative that has improved financial flexibility for the district.