
Cedars-Sinai Health System, founded in 1902 and located in Los Angeles, California, is a nonprofit healthcare organization dedicated to providing high-quality patient care and advancing medical education and research. The health system offers a wide range of services, including specialized medical treatments, surgical procedures, and comprehensive healthcare programs across multiple disciplines.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CEDARS 2.29% 2031-08-15 USDCedars-Sinai Health System | United States | 2031-08-15 | 2.288 | 4.25 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cedars-Sinai began issuing bonds in the 1990s to support its capital projects and expansions, with significant issuances including a notable $250 million bond in 2016 to finance new facilities and equipment upgrades. Current yields on Cedars-Sinai bonds are competitive within the healthcare sector, reflecting its strong credit rating and stable financial performance. The health system's bond offerings often feature callable options, providing flexibility in managing its debt portfolio. Recent reports indicate ongoing demand for its bonds, driven by its solid reputation and robust service offerings in the healthcare landscape.