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| Issue Type | XXXX |
|---|---|
| Country | United States |
| Industry | XXXX |
| Region | XXXX |
| Maturity Date | 2026-04-15 |
| Par Value | 5000 |
| Callable | XXXX |
| Next Call Date | XXXX |
| Call Type | XXXX |
| Call Price (%) | XXXX |
| Series | XXXX |
| Class | XXXX |
| Maturity Structure | XXXX |
| Amount Outstanding (mil) | 130.83 |
| Coupon | 3.964 |
|---|---|
| Coupon Type | XXXX |
| Coupon Frequency | XXXX |
| First Coupon Date | XXXX |
| Last Coupon Date | XXXX |
| Sinking Fund | XXXX |
|---|---|
| Security | XXXX |
| Subordination | XXXX |
| Debt Type | XXXX |
| Issue Date | XXXX |
|---|---|
| Dated Date | XXXX |
| Issue Size (mil) | 257.595 |
| Min. Piece | XXXX |
| Min. Increment | XXXX |
This Philadelphia Authority for Industrial Development municipal bond has a 3.96% fixed rate coupon paid on a semi-annual basis. It was issued on December 19, 2012 with an issue size of 257.60 million USD and matures on April 15, 2026 with a last coupon date of October 15, 2025. |
The Philadelphia Authority for Industrial Development (PAID) was established in 1958 and is based in Philadelphia, Pennsylvania. Its main purpose is to promote economic development through financing and investment strategies that support local businesses and enhance job creation. PAID primarily provides financing solutions via industrial development bonds, which cater to manufacturers and other qualifying businesses looking to expand or improve their facilities.