Under Arkansas Act 9 of 1960, cities and counties are authorized to issue industrial revenue bonds
to help private companies.
The agency placed on a review for possible upgrade the company's Baa3 senior unsecured notes rating, Prime-3 short-term rating, Baa3 backed industrial revenue bonds
rating, (P)Baa3 senior shelf rating, (P)Ba1 subordinated shelf rating, (P)Ba1 senior subordinated shelf rating, (P)Ba1 junior subordinated shelf rating and (P)Ba2 preferred shelf rating.
IDA is a conduit agency that issues tax-exempt industrial revenue bonds
to assist eligible commercial, industrial, not-for-profit and other qualified entities to finance expansion opportunities.
A representative of Infigen, the Australian firm that owns the Caprock Wind Farm, and a bond attorney, on December 8, 2014, asked for authorization from the Quay County Commission to seek industrial revenue bonds
for the project.
So the city of Osceola stepped up and agreed to do bond financing, very similar to industrial revenue bonds
, for $2 million," he said.
It is a conduit agency that issues tax-exempt industrial revenue bonds
that assist eligible industrial, commercial and not-for-profit entities to finance expansion opportunities.
7 million in Industrial Revenue Bonds
was passed by the Wichita City Council with a vote of 7-0.
The Arkansas Development Finance Authority assisted in the expansion project financing by issuing industrial revenue bonds
EDC administers the programs of the New York City Industrial Development Agency (IDA), which issues double and triple tax-exempt industrial revenue bonds
to assist eligible commercial, industrial and nonprofit corporations to finance business expansion within the city's five boroughs.