Hospital Authority of Savannah, established in Savannah, Georgia, serves as a critical player in the healthcare landscape by facilitating the development and financing of medical facilities in the region. The Authority focuses on providing essential healthcare services to the community by issuing bonds that support the expansion and enhancement of local healthcare infrastructure.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SAVMED 6.00% 2027-07-01 USDHospital Authority of Savannah | United States | 2027-07-01 | 6.000 | 5.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Hospital Authority of Savannah has a notable history of bond issuances, having begun its bond program in 1991 to finance key healthcare projects. Significant recent issuances include a $50 million bond in 2020, allocated for the construction of a new outpatient facility, which reflected a competitive yield of 3.5%, favorable against industry averages. The Authority's bonds are characterized by tax-exempt status, making them attractive to investors seeking tax efficiency. With ongoing developments in healthcare provision, the Authority continues to play an essential role in meeting the needs of Savannah's growing population.