Rutgers The State University, founded in 1766 and located in New Brunswick, New Jersey, serves as a leading public research institution dedicated to education, research, and community service. The university offers a wide range of academic programs across various disciplines, emphasizing both undergraduate and graduate education, professional development, and public engagement.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RUTHGR 3.27% 2043-05-01 USDRutgers The State University | United States | 2043-05-01 | 3.270 | 4.87 |
| RUTHGR 3.92% 2119-05-01 USDRutgers The State University | United States | 2119-05-01 | 3.915 | 5.68 |
| RUTHGR 5.67% 2040-05-01 USDRutgers The State University | United States | 2040-05-01 | 5.665 | 5.12 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Rutgers has been actively issuing bonds since the early 1990s, with significant issuances aimed at funding infrastructure improvements and academic facilities. Notably, in 2017, the university issued $350 million in bonds under a consolidated revenue pledge, which has garnered attention due to its competitive yield rates compared to the higher education sector. As of recent reports, the university's bonds are noted for their strong credit rating and secure repayment terms, attracting a stable investor base and reflecting the institution's financial health amidst industry challenges.