Virginia Commonwealth University (VCU), founded in 1968 and located in Richmond, Virginia, is a premier public research institution focused on education, health, and community engagement. As a leading university in Virginia, VCU offers a comprehensive range of undergraduate and graduate programs across various disciplines, emphasizing innovative research and experiential learning.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VASHGR 4.59% 2048-05-01 USDVirginia Commonwealth University | United States | 2048-05-01 | 4.585 | 5.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
VCU has been active in the bond market for several decades, with significant bond issuances starting in the late 1990s to fund campus expansions and infrastructure improvements. Notably, in 2020, VCU issued $250 million in revenue bonds to support ongoing projects amid the pandemic, which were well-received, reflecting current yields competitive with industry averages. The bonds feature a mix of fixed and variable rates, allowing flexibility in capital management. Recent news highlights VCU's proactive approach to financing as they continue to enhance their facilities while maintaining a robust financial profile.