Covenant Health Inc, founded in 1998 and headquartered in Lubbock, Texas, is a comprehensive healthcare system dedicated to providing high-quality medical services across its network of hospitals and clinics. The organization focuses on innovative healthcare solutions, emphasizing patient care and community wellness through its extensive range of services, including specialized medical treatments and preventive care programs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| COVHEA 4.48% 2051-07-01 USDCovenant Health Inc | United States | 2051-07-01 | 4.480 | 6.65 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Covenant Health Inc has a notable history of bond issuances, having first entered the bond market in 2005 to finance the expansion of its facilities and services. A significant issuance occurred in 2018, when the company raised $150 million in tax-exempt bonds to fund major infrastructure improvements. Currently, Covenant Health's bonds yield approximately 4.2%, which is competitive relative to the healthcare industry average. Notably, many of its bonds include call features allowing early redemption, reflecting the organization's proactive financial management amid changing market conditions.