$90 Million Industrial Revenue Bond Proposed for Distillery Project
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Description
Woodford County is considering issuance of up to $90 million in industrial revenue bonds for Peristyle, LLC dba Castle & Key Distillery in support of a multi-location distillery expansion and improvement project, structured as a leaseback with tax abatement over 40 years.
Contract Details
Contract Amount
Up to $90,000,000
Vendor
PERISTYLE LLC DBA CASTLE & KEY DISTILLERY
Agency
Woodford County, KY
Contract Type
FINANCIAL_SERVICES
Document Date
June 8, 2026
Contract Term
40 years
Renewal Date
2066-06-08
Renewal Info
40-year term bond; leaseback structure defined under IRB Act and Governmental Leasing Act. Renewal or extension details beyond initial term not specified.
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