Cottage Health Credit Group, founded in Santa Barbara, California, is dedicated to providing financing solutions to support healthcare initiatives in the region. The company offers a range of financial products, including tax-exempt bonds and loans aimed at enhancing the operational capabilities of healthcare organizations, ensuring they have the necessary capital to serve their communities effectively.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| COTHEA 3.30% 2049-11-01 USDCottage Health Credit Group | United States | 2049-11-01 | 3.304 | 5.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cottage Health Credit Group began its bond issuance program in 2010, focusing on funding for local healthcare facilities. Notable issuances include the $150 million bond issued in 2015 to finance the expansion of its flagship hospital, which significantly enhanced its capacity and services. Currently, the yields on their bonds are competitive compared to industry averages, reflecting their strong credit quality and investor interest. The company has also introduced green bond features in recent offerings to support sustainable healthcare initiatives.