Hackensack Meridian Health Inc., founded in 2016 and headquartered in Edison, New Jersey, is a leading non-profit health care organization committed to providing exceptional medical services and improving health outcomes across the region. The organization operates numerous hospitals, outpatient facilities, and specialized centers, offering a wide range of services including primary care, urgent care, and advanced surgical procedures.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HMHLTH 2.68% 2041-09-01 USDHackensack Meridian Health Inc. | United States | 2041-09-01 | 2.675 | 5.13 |
| HMHLTH 2.88% 2050-09-01 USDHackensack Meridian Health Inc. | United States | 2050-09-01 | 2.875 | 5.29 |
| HMHLTH 4.21% 2048-07-01 USDHackensack Meridian Health Inc. | United States | 2048-07-01 | 4.211 | 5.27 |
| HMHLTH 4.50% 2057-07-01 USDHackensack Meridian Health Inc. | United States | 2057-07-01 | 4.500 | 5.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Hackensack Meridian Health began issuing bonds to finance various expansion and improvement projects shortly after its formation. Notably, in 2018, the organization issued a $500 million bond to fund significant upgrades across its facilities, aiming to enhance patient care and technology. With current yields on its bonds reflecting favorable rates compared to industry averages, investors may find the organization’s bonds attractive. Additionally, the health system has incorporated features like tax-exempt status for some issuances, presenting potential tax advantages for investors.