The Orange County Transportation Authority (OCTA), founded in 1991 and situated in Orange County, California, is dedicated to improving public transportation in the region. OCTA plays a crucial role in coordinating bus services, managing transit infrastructure, and enhancing mobility for residents and visitors alike.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ORATRN 6.91% 2041-02-15 USDOrange County Transportation Authority | United States | 2041-02-15 | 6.908 | 5.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
OCTA has been active in the bond market since the early 2000s, with significant issuances such as the $210 million California State Transportation Agency (CalSTA) bond in 2017, which financed various transit projects across the county. Currently, OCTA's bonds yield competitively, often reflecting regional economic conditions, and have a reputation for strong credit ratings. Recently, the authority has focused on sustainability in its bond offerings, integrating green financing elements to support environmentally friendly transit initiatives.