The Washington State Convention Center Public Facilities District, established to oversee the development and operation of the Washington State Convention Center in Seattle, aims to enhance regional economic growth through tourism and events. It provides a range of services, including convention space management, event hosting, and facility upgrades, attracting numerous events annually.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WASFAC 6.79% 2040-07-01 USDWashington state Convention Center Public Facilities District | United States | 2040-07-01 | 6.790 | 5.88 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The District first began issuing bonds in 1990 to finance the construction of the Convention Center. Notable bond issuances include the 2020 revenue bonds which funded the expansion project, reflecting a robust current yield that remains competitive within the municipal bond market. Additionally, the District’s bonds often feature provisions such as tax-exempt status, which appeal to retail investors, providing both stability and potential tax advantages amidst fluctuating market conditions.