The Hospital for Sick Children (SickKids) was founded in 1875 and is located in Toronto, Canada, with the primary mission of providing specialized healthcare for children. As one of the largest pediatric health care and research centers in North America, SickKids offers a wide range of services including inpatient care, outpatient clinics, and comprehensive support programs for families.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SICKID 3.42% 2057-12-07 CADHospital For Sick Children | Canada | 2057-12-07 | 3.416 | 4.97 |
| SICKID 5.22% 2049-12-16 CADHospital For Sick Children | Canada | 2049-12-16 | 5.217 | 5.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
SickKids began issuing bonds in 1998 as part of its strategic financing efforts to support capital projects and operational needs. Notably, in 2020, the hospital issued a CAD 200 million bond to fund its redevelopment projects, with a current yield of 3.5%, which is competitive within the healthcare sector. The bonds are characterized by their long maturities and have garnered attention for their protective features, including strong covenant structures and exemplary credit ratings, reflecting the institution's solid financial standing amid ongoing healthcare demands.