Prime Healthcare Foundation Inc, founded in 2001 and headquartered in Ontario, California, is a non-profit organization dedicated to improving healthcare access and outcomes across the United States. The foundation operates numerous acute care hospitals and offers a range of health services, emphasizing quality patient care and community health programs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PRMHTH 7.00% 2027-12-01 USDPrime Healthcare Foundation Inc | United States | 2027-12-01 | 7.000 | 4.78 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Prime Healthcare Foundation Inc has been active in the bond market, issuing its first bonds in 2007 to finance hospital acquisitions and renovations. Notably, the organization raised $500 million in 2019 to support its expansion efforts, with current yields on its bonds slightly below the industry average due to strong credit ratings. The foundation's bonds often feature a call option, providing flexibility to refinance when favorable market conditions arise. Recent announcements indicate a potential new issuance aimed at funding further improvements to existing facilities.