Advocate Health and Hospitals Corporation, founded in 1994 and headquartered in Downers Grove, Illinois, is a prominent health system dedicated to providing comprehensive healthcare services across the Midwest. The corporation operates numerous hospitals, outpatient facilities, and urgent care centers, focusing on a patient-centered approach to medical care and community wellness.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ADVHEA 2.21% 2030-06-15 USDAdvocate Health and Hospitals Corporation | United States | 2030-06-15 | 2.211 | 4.03 |
| ADVHEA 3.01% 2050-06-15 USDAdvocate Health and Hospitals Corporation | United States | 2050-06-15 | 3.008 | 5.32 |
| ADVHEA 3.39% 2049-10-15 USDAdvocate Health and Hospitals Corporation | United States | 2049-10-15 | 3.387 | 5.31 |
| ADVHEA 3.83% 2028-08-15 USDAdvocate Health and Hospitals Corporation | United States | 2028-08-15 | 3.829 | 3.79 |
| ADVHEA 4.27% 2048-08-15 USDAdvocate Health and Hospitals Corporation | United States | 2048-08-15 | 4.272 | 5.32 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Advocate Health has actively engaged in bond issuances to finance facility expansions and enhance service delivery. Notably, the company launched its first bond program in 2001, with a significant issuance of $400 million in 2014 to fund capital improvements. Current yields on Advocate bonds are competitive within the healthcare sector, reflecting strong credit ratings and operational stability. In recent news, the corporation has highlighted plans for new bonds aimed at further expanding their telehealth services, underlining a strategic shift in response to evolving market conditions.