Rhode Island Health and Educational Building Corp., founded in 1969 and based in Providence, Rhode Island, is dedicated to supporting health and educational institutions throughout the state. The corporation provides financing solutions through the issuance of bonds, aimed at fostering the development and preservation of critical facilities for community health and education.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RISMED 5.75% 2027-05-15 USDRhode Island Health and Educational Building Corp. | United States | 2027-05-15 | 5.750 | 4.63 |
| RISMED 6.29% 2027-05-15 USDRhode Island Health and Educational Building Corp. | United States | 2027-05-15 | 6.286 | 6.17 |
| RISMED 6.39% 2029-05-15 USDRhode Island Health and Educational Building Corp. | United States | 2029-05-15 | 6.386 | 6.32 |
| RISMED 8.00% 2029-05-15 USDRhode Island Health and Educational Building Corp. | United States | 2029-05-15 | 8.000 | 7.92 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The corporation began issuing bonds in the early 1970s, with a focus on funding critical healthcare and educational projects. Noteworthy issuances include the $40 million bond sold in 2010 for a major hospital expansion, which was well-received and significantly oversubscribed, showcasing investor confidence. Currently, the yields on their bonds are competitive within the industry, often reflecting the agency's strong credit ratings and reliability. Recent announcements indicate plans for additional issuances to support ongoing infrastructure improvements, further enhancing their role in regional development.