McLaren Health Care Corporation, founded in 1997 and headquartered in Grand Blanc, Michigan, is a non-profit health care organization dedicated to delivering high-quality medical services across the region. The corporation operates various healthcare facilities, including hospitals, outpatient centers, and rehabilitation services, focusing on patient-centered care and innovative health solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MCLARN 4.39% 2048-05-15 USDMcLaren Health Care Corporation | United States | 2048-05-15 | 4.386 | 5.54 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
McLaren began issuing bonds in 2001 to finance expansions and improvements within its facilities. Notable issuances include a $250 million bond offering in 2017 intended to support capital projects and enhance patient care infrastructure. Currently, McLaren's bonds yield competitively compared to industry standards, reflecting strong financial health, while highlighting features such as tax-exempt status. Recent news indicates a strategic focus on refinancing past debt to improve liquidity and fund new service lines.