The Pocono Mountains Industrial Park Authority was established to foster economic development in the Pocono Mountains region of Pennsylvania. The Authority provides essential infrastructure and supportive services that attract and retain businesses, enhancing the local economy.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| POMFAC 5.05% 2049-08-15 USDPocono Mountains Industrial Park Authority | United States | 2049-08-15 | 5.050 | 5.70 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Authority has issued bonds to finance the development of industrial parks and related infrastructure projects. Notably, their first bond issuance occurred in 2002, aimed at funding essential utilities and access roads for prospective businesses. Recent bond returns reflect competitive yields, with significant issuances in 2020 supporting major corporate expansions in the area, and the current yield outpacing many similar regional authorities.