
Richland-Lexington Airport District, established in 1972 and located in South Carolina, serves the public by overseeing the development and operation of the Columbia Metropolitan Airport. The District is committed to enhancing the aviation experience and providing essential infrastructure for commercial aviation, tourism, and economic growth in the region.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
RICAPT 6.74% 2031-01-01 USDRichland-Lexington Airport District | United States | 2031-01-01 | 6.740 | 5.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Richland-Lexington Airport District has a notable history of bond issuances, having initiated its first bond offerings in the early 1990s to fund airport expansions and improvements. The District successfully issued a series of revenue bonds in 2020 to finance the renovation of terminal facilities, featuring competitive yields that align with industry standards. Recent noteworthy actions include a 2022 issuance aimed at enhancing runway safety and capacity, which attracted interest from multiple institutional investors due to its strong credit rating and essential service role in the region.