Presbyterian Healthcare Services, founded in 1908 and headquartered in Albuquerque, New Mexico, is a not-for-profit integrated healthcare system. The company aims to improve health outcomes for patients through a comprehensive range of services, including hospitals, outpatient facilities, health insurance plans, and a broad network of primary and specialty care providers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PREHCS 4.88% 2052-08-01 USDPresbyterian Healthcare Services | United States | 2052-08-01 | 4.875 | 5.46 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Presbyterian Healthcare Services first ventured into the bond market in the mid-1980s to finance capital improvements and expansions of its healthcare facilities. Notably, in 2020, the organization issued a series of tax-exempt bonds worth $150 million to enhance its infrastructure and technology, achieving current yields that remain competitive within the healthcare sector. These bonds feature a callable structure, providing Presbyterian flexibility as market conditions evolve, and recent news indicates ongoing plans for additional issuances to support further growth initiatives.