Drexel University, founded in 1891 and located in Philadelphia, Pennsylvania, is a private research university known for its co-op education program that integrates professional work experience with academic studies. The university offers a diverse range of undergraduate and graduate programs across various disciplines, emphasizing innovation and entrepreneurship in education.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DREXEL 3.22% 2050-05-01 USDDrexel University | United States | 2050-05-01 | 3.215 | 5.56 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Drexel University has a history of bond issuances that support its capital projects and expansion efforts. Notably, in 2012, Drexel issued $200 million in bonds to fund campus development and enhance facilities, marking a significant move to bolster its infrastructure. As of 2023, the university’s bonds have yielded competitive rates in comparison to industry benchmarks, reflecting strong creditworthiness and investor confidence. Additionally, in 2021, Drexel refinanced existing debt, securing lower interest rates that demonstrate effective fiscal management and a commitment to long-term financial stability.