Mercy Health was founded in 1986 and is headquartered in Cincinnati, Ohio, dedicated to providing comprehensive healthcare services across multiple regions in the Midwest. The organization operates a network of hospitals, outpatient facilities, and urgent care centers, focusing on delivering high-quality medical care and wellness programs to its communities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MERCYH 3.38% 2025-11-01 USDMercy Health | United States | 2025-11-01 | 3.382 | 3.68 |
| MERCYH 3.56% 2027-08-01 USDMercy Health | United States | 2027-08-01 | 3.555 | 4.60 |
| MERCYH 4.30% 2028-07-01 USDMercy Health | United States | 2028-07-01 | 4.302 | 4.08 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Mercy Health has actively engaged in the bond market since the early 1990s, with significant issuances aimed at funding hospital expansions and modernization initiatives. Notably, in 2020, the organization issued $250 million in bonds to support capital projects, reflecting a stable yield competitive within the healthcare sector. The bonds are structured with an attractive early redemption feature, allowing for strategic refinancing opportunities. Recent news highlights Mercy Health’s proactive approach in managing its debt portfolio to optimize financial flexibility during economic fluctuations.