Purdue Research Foundation, founded in 1930 and based in West Lafayette, Indiana, is dedicated to advancing innovation and economic development through research initiatives. The foundation plays a vital role in supporting Purdue University’s research efforts by facilitating technology commercialization, providing funding, and developing intellectual property.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PURHGR 5.75% 2033-07-01 USDPurdue Research Foundation | United States | 2033-07-01 | 5.749 | 3.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Purdue Research Foundation began issuing bonds to support its projects in the 1990s, with a notable issuance in 2015 that funded the establishment of its research park. Current yields on its bonds are competitive within the higher education sector, reflecting strong investor confidence. A significant aspect of its bond offerings is their tax-exempt status, which attracts various institutional investors. Recent news highlighted the foundation’s plans to issue additional bonds to enhance funding for emerging technologies connected to Purdue’s research initiatives.