City of El Paso Downtown Development Corporation, established to promote economic growth in downtown El Paso, Texas, focuses on revitalizing the urban core through strategic development initiatives. The corporation provides a range of services, including funding for public infrastructure, commercial projects, and community revitalization efforts.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ELPDEV 7.25% 2043-08-15 USDCity of El Paso Downtown Development Corporation | United States | 2043-08-15 | 7.250 | 5.46 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The corporation has a history of bond issuances dating back to its inception, with significant milestones including the issuance of $20 million in revenue bonds in 2010 to support downtown redevelopment projects. Currently, the yields on its bonds are competitive within the industry, reflecting strong investor interest in urban development. Notably, the 2022 bond issuance was earmarked for mixed-use developments, showcasing the corporation's commitment to enhancing the downtown landscape while offering unique features such as tax-exempt status for investors.