Successor Agency to the Temecula Redevelopment Agency, based in Temecula, California, was established to manage and facilitate the wind-down of redevelopment projects following the dissolution of California's redevelopment agencies in 2012. The agency focuses on promoting economic development and community revitalization through the management of former redevelopment funds and assets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TEMDEV 4.00% 2039-12-15 USDSuccessor Agency to the Temecula Redevelopment Agency | United States | 2039-12-15 | 4.000 | 4.98 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Successor Agency has issued bonds as part of its financial strategy, starting with its initial bond issuance in 2014 to support local development projects. One notable issuance was the series of revenue bonds issued in 2019, which funded public infrastructure improvements and offered competitive yields compared to industry benchmarks. The agency's bonds have included features such as tax-exempt status, making them attractive to retail investors seeking stable investment options.