Penn State Health, founded in 2016 and headquartered in Hershey, Pennsylvania, is a comprehensive healthcare provider focused on delivering high-quality clinical care, education, and research. The organization encompasses multiple hospitals, outpatient facilities, and a wide range of health services, positioning itself as a vital component of the Penn State University Hershey Medical Center's mission.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PSTHLT 3.81% 2049-11-01 USDPenn State Health | United States | 2049-11-01 | 3.806 | 5.91 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since initiating its bond issuance strategy in 2017, Penn State Health has leveraged the capital markets to fund expansion and improvement projects across its facilities. Notable issuances include a $350 million revenue bond in 2020, aimed at financing the construction of new patient care facilities, which received a strong response and resulted in a current yield that remains competitive within the healthcare sector. These bonds typically feature a mix of fixed rates and maturity profiles, reflecting the organization's strategic efforts to optimize its capital structure while balancing operational growth and financial sustainability.