Tower Health, founded in 2015 and based in West Reading, Pennsylvania, is a prominent healthcare system aimed at providing accessible and high-quality medical services to the communities it serves. The organization operates several hospitals and outpatient facilities, offering a wide range of healthcare services, including emergency care, outpatient services, and specialized treatments in various fields.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TOWHEA 4.45% 2050-02-01 USDTower Health | United States | 2050-02-01 | 4.451 | 7.93 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tower Health began issuing bonds in 2019, with a focus on financing its expansion and modernization projects. Noteworthy is their $100 million bond issuance in 2021, which was allocated for infrastructure improvements across their facilities. Currently, their bonds yield around 4.5%, which remains competitive within the healthcare sector. The company's proactive approach to managing debt and investment in capital improvements indicates an ongoing commitment to strengthening financial stability, particularly following challenges faced during the pandemic.