
The Rhode Island Convention Center Authority, established in 1983 and located in Providence, Rhode Island, is dedicated to the development and management of convention facilities that promote economic growth and tourism in the state. The Authority operates the Rhode Island Convention Center and facilitates a range of events including conventions, trade shows, and exhibitions, contributing to the local hospitality sector.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
RISFAC 6.03% 2028-05-15 USDRhode Island Convention Center Authority | United States | 2028-05-15 | 6.030 | 5.18 |
RISFAC 6.06% 2035-05-15 USDRhode Island Convention Center Authority | United States | 2035-05-15 | 6.060 | 4.44 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Authority has a history of issuing bonds to fund its operations and developments, with notable issuances first beginning in the early 1990s. In recent years, key bond issues have included those aimed at expanding the convention center's capabilities, resulting in significant interest from investors. Current yields on these bonds typically reflect competitive rates compared to similar issuers within the region, and features such as tax-exempt status enhance their attractiveness. Recent news has highlighted the Authority's initiatives to further engage with the community and improve facilities, coinciding with planning for future bond offerings.