Cumberland County Industrial Development Authority (CCIDA) was established to enhance the economic development of Cumberland County, Pennsylvania, by providing innovative financing solutions for local businesses. The authority primarily focuses on issuing tax-exempt and taxable bonds to support industrial, commercial, and residential projects, fostering growth and job creation in the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CUMDEV 5.40% 2043-11-01 USDCumberland County Industrial Development Authority | United States | 2043-11-01 | 5.400 | 5.45 |
| CUMDEV 6.00% 2048-11-01 USDCumberland County Industrial Development Authority | United States | 2048-11-01 | 6.000 | 5.92 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, CCIDA has been an instrumental player in the bond market, issuing its first bonds in the early 2000s to finance key development projects. Notable issuances include the 2010 bond series aimed at revitalizing local infrastructure, which achieved yields competitive within the industry at the time. Recently, the authority announced plans for a new bond issuance to support green energy projects, reflecting a growing trend towards sustainability and positioning itself as a leader in responsible investment offerings.