Grand Canyon University (GCU), founded in 1949 and located in Phoenix, Arizona, is a private Christian university dedicated to providing educational opportunities and enhancing academic success. GCU offers a wide range of undergraduate and graduate degree programs, emphasizing both online and campus-based learning tailored to meet modern educational needs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GCUNIV 4.38% 2026-10-01 USDGrand Canyon University | United States | 2026-10-01 | 4.375 | 6.27 |
| GCUNIV 5.13% 2028-10-01 USDGrand Canyon University | United States | 2028-10-01 | 5.125 | 5.48 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
GCU began issuing bonds in 2010 to finance campus expansions and improvements, significantly impacting its growth trajectory. Notable bond issuances include a $100 million bond in 2018 to fund new facilities and enhance existing infrastructure. Current yields on GCU’s bonds are competitive with industry averages, reflecting the institution's strong credit profile and demand for its educational offerings. As of late 2023, GCU’s commitment to sustainable practices has led to the inclusion of green bond features in its financing strategy, aligning with broader market trends towards environmental responsibility.