City of Pasadena, founded in 1886 and located in California, serves as a vibrant city known for its cultural heritage and economic development initiatives. The city offers a range of services, including public safety, transportation infrastructure, and community services, aiming to enhance the quality of life for residents and businesses.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PASGEN 4.63% 2038-05-01 USDCity of Pasadena | United States | 2038-05-01 | 4.625 | 5.17 |
| PASGEN 4.75% 2045-05-01 USDCity of Pasadena | United States | 2045-05-01 | 4.750 | 5.76 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
In recent years, the City of Pasadena has actively engaged in bond issuances to finance various community projects, including infrastructure improvements and public service enhancements. Their bond series, initiated in 1994, has seen significant issuances such as the $79 million General Obligation Bonds issued in 2020 for public safety facilities, currently yielding around 4.00%, competitive within the sector. Notably, bonds issued by Pasadena often include features such as prepayment options, allowing for strategic financial management in response to changing market conditions.