Kativik Regional Administration (KRA) was founded to serve the needs of the northern Inuit communities in Quebec, Canada, aiming to enhance local governance and regional development. The organization focuses on delivering essential services such as education, health, and infrastructure development in the remote regions it serves.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
KRA has a notable history of bond issuance, beginning in 2010 as part of its initiative to finance community projects and infrastructure upgrades. Its most significant issuance occurred in 2015, raising CAD 50 million to improve transportation infrastructure across the region. As of October 2023, KRA’s bonds are yielding approximately 2.5%, slightly above the industry average of 2.3%, reflecting growing investor interest and confidence in the region's development potential.