The Pennsylvania State University, commonly known as Penn State, was founded in 1855 and is located in University Park, Pennsylvania. It serves as a public research university, dedicated to providing high-quality education and conducting impactful research across various disciplines. The university offers a wide range of programs, including undergraduate and graduate degrees, as well as extensive online education options, catering to a diverse student population.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PSUHGR 2.79% 2043-09-01 USDThe Pennsylvania State University | United States | 2043-09-01 | 2.790 | 5.05 |
| PSUHGR 2.84% 2050-09-01 USDThe Pennsylvania State University | United States | 2050-09-01 | 2.840 | 5.43 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Penn State has a notable history of bond issuance, beginning in the mid-1980s as part of its strategy to finance campus improvements and enhance its academic facilities. Significant bond issuances include the $134 million bond offering in 2003 for capital projects, as well as a $500 million issuance in 2020 aimed at refinancing existing debt. With current bond yields competitive within the higher education sector, Penn State's bonds feature a strong investment grade rating, attracting both retail and institutional investors seeking stable long-term returns.