Communaute Urbaine de Lille, founded in 2000 and located in northern France, serves as an intermunicipal authority focused on urban development and public services for the Lille metropolitan area. The organization is instrumental in managing transportation networks, waste management, and urban planning, enhancing the quality of life and economic vitality for its residents.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CUDL 6.93% 2027-02-15 USDCommunaute Urbaine de Lille | United Kingdom | 2027-02-15 | 6.933 | 5.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Communaute Urbaine de Lille has actively participated in the bond market to finance infrastructure projects and urban enhancements. The authority first issued bonds in 2005, with significant issuances including a €150 million bond aimed at improving public transit in 2018. Currently, their bonds yield competitive rates around 1.8%, compared to an industry average of 2.3%. Recent news highlights a positive outlook from credit rating agencies, partly owing to their robust management of outstanding debt and strategic investment in public services.