The University of Chicago, founded in 1890 and located in Chicago, Illinois, is a prestigious private research institution committed to academic excellence and inquiry. The university offers a diverse range of undergraduate and graduate programs, renowned for its rigorous academic standards and influential research contributions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UNICHI 2.55% 2050-04-01 USDUniversity of Chicago | United States | 2050-04-01 | 2.547 | 5.48 |
| UNICHI 2.76% 2045-04-01 USDUniversity of Chicago | United States | 2045-04-01 | 2.761 | 5.03 |
| UNICHI 3.00% 2052-10-01 USDUniversity of Chicago | United States | 2052-10-01 | 3.000 | 5.41 |
| UNICHI 4.00% 2053-10-01 USDUniversity of Chicago | United States | 2053-10-01 | 4.003 | 5.55 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The University of Chicago has a notable history of bond issuances that began in the late 1990s, facilitating its extensive infrastructure and program development. One significant event was the issuance of $500 million in bonds in 2020, aimed at financing campus improvements and enhancing student facilities while maintaining a competitive yield close to 2.5%, which is advantageous compared to the industry average. The university's bonds are often characterized by their strong credit ratings and solid investor interest, reflecting its robust financial management and strategic growth initiatives.