Industrial Development Revenue Bond


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Industrial Development Revenue Bond

A municipal bond in which a local government entity is seeking to raise money for a private company. A municipality issues an IDRB when it wishes to attract a business and the jobs in brings to the area, especially when the business may be otherwise unable to obtain financing for the project.
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As part of the state's qualifying process, the Lane County Board of Commissioners earlier this month approved GloryBee's request to pursue industrial development revenue bonds.
tax-exempt variable-rate demand industrial development revenue bonds series 2007A (LOC: Comerica Bank);
Bond proceeds will be used to pay the cost of, or reimburse the Borrower for (a) refinancing the outstanding California Infrastructure and Economic Development Bank variable rate demand industrial development revenue bonds, series 2003 (Hydro Systems, Inc.
Project), and $l million in Industrial Development Revenue Bonds, 1979 Series (Ideal Basic Industries, Inc.
NEW YORK -- Fitch Ratings assigns a rating of 'AA-/F1+' to the Iowa Finance Authority's $5,000,000 variable rate demand industrial development revenue bonds (InterWest, L.
SWX's ratings are as follows: debentures, medium-term notes and industrial development revenue bonds at 'BBB' (Triple-B); and trust originated preferred securities (TOPrS) at 'BBB-' (Triple-B-Minus).
NEW YORK -- Fitch Ratings assigns a rating of 'AA-/F1+' to the Vermont Economic Development Authority variable rate demand industrial development revenue bonds (Agri-Mark, Inc.
24 /PRNewswire/ -- Warren County Industrial Development Authority, KY's $15,900,000 1998 series B-1 and $23,500,000 1998 series B-2 taxable industrial development revenue bonds (Stupp Bros.
3,690,000 industrial development revenue bonds series
14 /PRNewswire/ -- Development Authority of Fulton County, GA's $5,600,000 industrial development revenue bonds (Geiger International, Inc.
17 /PRNewswire-FirstCall/ -- Southwest Gas Corporation today announced that it completed its tender offer (the "Offer") to purchase for cash up to $75 million aggregate principal amount of the Industrial Development Revenue Bonds (Southwest Gas Corporation Project) and the Industrial Development Refunding Revenue Bonds (Southwest Gas Corporation Project) listed in the table below (collectively, the "Bonds") originally issued by Clark County, Nevada, a political subdivision of the State of Nevada.
3 /PRNewswire-FirstCall/ -- Southwest Gas Corporation today announced the commencement of a tender offer (the "Offer") to purchase for cash up to $75 million aggregate principal amount of the Industrial Development Revenue Bonds (Southwest Gas Corporation Project) and the Industrial Development Refunding Revenue Bonds (Southwest Gas Corporation Project) listed in the table below (collectively, the "Bonds") originally issued by Clark County, Nevada, a political subdivision of the State of Nevada.

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