
Franciscan Missionaries of Our Lady Health System Inc, founded in Baton Rouge, Louisiana, is a leading healthcare organization dedicated to providing compassionate and comprehensive medical services. The health system operates multiple hospitals, outpatient facilities, and specialty care centers, focusing on health improvement in the communities it serves.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
FRMHLT 3.91% 2049-07-01 USDFranciscan Missionaries of Our Lady Health System Inc | United States | 2049-07-01 | 3.914 | 5.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Franciscan Missionaries of Our Lady Health System has consistently issued bonds to fund its expansion and improvement projects, with significant bond issuances dating back to 2003. One notable issuance was a $150 million bond in 2018 aimed at enhancing hospital infrastructure, which currently offers competitive yields compared to industry averages. The health system's bonds typically feature dedicated revenue streams from their facilities, representing a relatively attractive investment opportunity in the non-profit healthcare sector.