The University of Pittsburgh, established in 1787 and located in Pittsburgh, Pennsylvania, is a prominent institution in the Commonwealth System of Higher Education. It offers a variety of undergraduate, graduate, and professional programs across numerous disciplines, emphasizing research, public service, and academic excellence.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UVPHGR 3.56% 2119-09-15 USDUniversity of Pittsburgh of the Commonwealth System of Higher Educ | United States | 2119-09-15 | 3.555 | 5.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The University of Pittsburgh has a long history of bond issuances, with its first issuance dating back to the 1970s aimed at funding campus infrastructure projects. A significant issuance occurred in 2019 when the university issued $70 million in revenue bonds to finance capital improvements, with current yields for its bonds typically ranging between 2.5% and 3.5%, comparing favorably to similar institutions in the sector. The bonds often feature favorable terms for investors, and recent news highlighted the university's dedication to sustainability, further enhancing the appeal of its issuances.