Centra Health Inc., founded in 1997 and headquartered in Lynchburg, Virginia, is a nonprofit healthcare organization committed to providing comprehensive healthcare services to its communities. The company operates multiple facilities, including hospitals and outpatient centers, focusing on delivering high-quality patient care and health education across the region.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CNTRLH 4.70% 2048-01-01 USDCentra Health Inc. | United States | 2048-01-01 | 4.700 | 6.25 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Centra Health Inc. began its bond issuance in the early 2000s to finance the expansion of its facilities and enhance patient services. Notably, in 2021, the organization issued $150 million in revenue bonds to support the construction of a new hospital wing, reflecting a significant investment in healthcare infrastructure. Currently, these bonds yield approximately 4.5%, slightly above the healthcare industry average, reflecting strong financial health and strategic growth initiatives. Centra's bonds feature a callable option, providing the company with flexibility in managing its debt portfolio amidst fluctuating interest rates.