The Maryland Stadium Authority, established in 1986 and based in Baltimore, Maryland, is a public corporation that focuses on the development and management of sports and entertainment facilities throughout the state. The Authority primarily oversees the construction and operation of the Maryland Stadium, home to the University of Maryland Terrapins, while also facilitating other venue-related projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MDSFAC 3.71% 2039-03-01 USDMaryland Stadium Authority | United States | 2039-03-01 | 3.709 | 4.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Maryland Stadium Authority has been instrumental in financing various initiatives through its bond issuances since its inception. Notably, the Authority issued over $39 million in bonds in 2001 for renovations to Byrd Stadium, aimed at upgrading facilities and expanding seating capacity. More recently, certain bonds have offered yields that are competitive in the public finance sector, appealing to retail investors. The Authority’s bonds have been recognized for their solid credit ratings, backed by the state’s financial stability, and have continued to attract interest amid evolving market conditions.