Westchester County Local Development Corporation (WCLDC) was founded to promote economic growth and development in Westchester County, New York. The organization provides financing support and incentives for businesses, facilitating job creation and retention through various programs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WSTDEV 3.85% 2050-11-01 USDWestchester County Local Development Corporation | United States | 2050-11-01 | 3.846 | 6.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, WCLDC has been active in bond issuances to fund local development projects, beginning with its first bond offering in 2010. Notably, in 2020, WCLDC issued $10 million in tax-exempt bonds to finance the expansion of a local manufacturing facility, reflecting a commitment to enhancing the region's economic landscape. Current yields on WCLDC bonds generally align with industry standards, offering attractive investment opportunities for retail investors, while specific features such as tax exemptions enhance their appeal.