Montefiore Medical Center, founded in 1884 and located in the Bronx, New York, serves as a leading academic medical institution dedicated to patient care, research, and education. The center provides an array of healthcare services, including inpatient and outpatient care, specialty treatments, and community health initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MNTEFI 5.25% 2048-11-01 USDMontefiore Medical Center | United States | 2048-11-01 | 5.246 | 6.83 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Montefiore has actively engaged in bond issuances since the early 2000s to finance the expansion of its facilities and services. In 2021, it issued $220 million in bonds to fund construction projects aimed at enhancing patient care capacities. Currently, Montefiore’s bonds yield around 3.5%, which is competitive within the healthcare industry. Notable features of its bond offerings include tax-exempt status, which provides an attractive investment for retail investors, helping to support the center's mission while delivering income returns.