The City of Frisco, Texas, established in 1902 and located in the rapidly growing Dallas-Fort Worth metropolitan area, serves as a vibrant suburban community known for its strategic development and quality of life. The city offers a range of services to its residents, including public safety, community development, and recreational facilities, along with various infrastructure projects aimed at enhancing urban functionality.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FSC 6.38% 2033-02-15 USDCity of Frisco Texas | United States | 2033-02-15 | 6.375 | 6.32 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Frisco began issuing bonds in the early 2000s to fund essential public services and infrastructure developments. Significant issuances include the $90 million bond in 2015 which focused on road construction and parks improvements, reflecting the city's commitment to growth. Currently, Frisco's bonds yield around 3.2%, slightly above the industry average, with notable features such as callable options for early redemption, providing greater flexibility for investors. Recent news highlights Frisco's plans to issue additional bonds in 2024 to support its ongoing population growth and infrastructure needs.