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  4. Lakeridge Health Corp

Lakeridge Health Corp Bonds

Lakeridge Health Corp, founded in 1998 and based in Ontario, Canada, is dedicated to providing high-quality healthcare services to the local communities it serves. The company operates multiple hospitals and health facilities, offering a wide range of services including emergency care, surgical services, and specialized outpatient programs.

Bond NameCountryMaturityCoupon(%)
LAKEHL 2.48% 2060-03-02 CADLakeridge Health CorpCanada2060-03-022.4844.89
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.

Lakeridge Health Corp issue history

Since entering the bond market in 2010, Lakeridge Health Corp has issued several notable bonds to finance its expansion and modernization efforts. A significant issuance occurred in 2017, where the company raised $150 million to enhance its facilities and technology, facilitating improved patient care. Currently, Lakeridge's bonds yield approximately 4.5%, comparable to industry averages, with features such as callable options to provide flexibility in financial management. In 2022, the company announced its intention to issue an additional $100 million in bonds to further support capital development projects.