Indiana University Foundation Inc, founded in 1936 and located in Bloomington, Indiana, serves to support the educational and research endeavors of Indiana University. The foundation primarily focuses on managing and disbursing funds for scholarships, faculty support, and campus facilities, contributing significantly to the university's growth and innovation.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| IUFINC 2.82% 2051-10-01 USDIndiana University Foundation Inc | United States | 2051-10-01 | 2.820 | 5.32 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Indiana University Foundation has a notable history in bond issuances, having first entered the bond market in the early 2000s. Significant issuances include the 2010 $250 million tax-exempt bonds aimed at funding capital projects across various university campuses. Current yields for its bonds are competitive within the higher education sector, reflecting solid demand and a strong credit rating. Additionally, the foundation's bonds are often structured with unique features, including callable options that allow for refinancing opportunities, demonstrating a strategic approach to managing its debt portfolio.