Midland County Hospital District, founded to serve the healthcare needs of Midland County, Texas, provides essential medical services and emergency care to local residents. The hospital district is committed to enhancing community health through comprehensive inpatient and outpatient services, specialized programs, and advanced medical technologies.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MIDMED 6.34% 2029-05-15 USDMidland County Hospital District of Midland County Texas | United States | 2029-05-15 | 6.340 | 4.72 |
| MIDMED 6.44% 2039-05-15 USDMidland County Hospital District of Midland County Texas | United States | 2039-05-15 | 6.440 | 5.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The hospital district has a history of bond issuances, beginning in the early 2000s to finance facility expansions and upgrades. Notably, in 2019, it issued $30 million in bonds to expand its emergency department, with a current yield of 4.5%, competitive against the healthcare sector’s average of 3.8%. These bonds feature a call option after 10 years, providing flexibility to the district. Recently, the district has received positive ratings from bond agencies, reflecting its strong financial position and commitment to community service.