
Kern Community College District, founded in 1967 and located in Bakersfield, California, serves the educational needs of the community by providing accessible and affordable higher education. The district offers a range of programs and services, including degree and certificate programs, workforce development, and adult education, focusing on empowering students through education and skill development.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
KERHGR 2.95% 2032-11-01 USDKern Community College District | United States | 2032-11-01 | 2.951 | 4.20 |
KERHGR 3.02% 2033-11-01 USDKern Community College District | United States | 2033-11-01 | 3.021 | 4.38 |
KERHGR 3.07% 2034-11-01 USDKern Community College District | United States | 2034-11-01 | 3.071 | 4.54 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Kern Community College District has actively engaged in bond issuances since the early 2000s to support infrastructure and facilities improvements across its campuses. The district's most notable issuance was the $135 million bond in 2016, earmarked for upgrading facilities and technological advancements, which demonstrated strong community support. Current yields on these bonds are competitive within the higher education sector, reflecting favorable market conditions. The district has established a reputation for prudent financial management, highlighted by a significant AA- credit rating, which ensures ongoing investor confidence and participation in future issuances.