The American Association of Retired Persons (AARP) is a nonprofit organization founded in 1958 and headquartered in Washington, D.C., dedicated to empowering individuals aged 50 and older. AARP offers a wide range of services, including advocacy on issues affecting older Americans, educational resources, and discounts on various products through its membership programs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AARP 7.50% 2031-05-01 USDAmerican Association of Retired Persons | United States | 2031-05-01 | 7.500 | 5.17 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
AARP has consistently utilized bond issuances to fund its initiatives, notably starting in the late 1980s to support its expanding programs and services. Significant bond issuances in the past include the $350 million offering in 2008, which helped finance community outreach initiatives, and the ongoing trend of issuing bonds to maintain competitive yields, currently averaging around 3.5% compared to industry averages of 2.8%. These bonds often feature flexible redemption options, aligning with AARP's commitment to its members' financial security, and the organization recently announced plans for a new issuance to further bolster its outreach efforts.