Methodist Hospitals Inc, founded in 1925 and located in Gary, Indiana, is a nonprofit healthcare provider dedicated to delivering quality medical services to the community. The organization offers a wide array of services, including emergency care, surgical procedures, and specialized health programs focused on women, children, and seniors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MEHMED 2.71% 2050-12-01 USDMethodist Hospitals Inc | United States | 2050-12-01 | 2.705 | 5.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Methodist Hospitals has a notable history of bond issuances, starting in the late 1990s, with significant issuances aimed at funding facility renovations and expansions. Their most recent bond issuance in 2021 raised $50 million to upgrade critical medical equipment, achieving a competitive yield of 3.25%, which positioned it favorably against the healthcare sector average. The bonds feature a callable structure, offering flexibility should interest rates change significantly in the future, and were well-received by investors, reflecting confidence in the hospital's financial stability and operational performance.