
Lakehead University, founded in 1965 and located in Thunder Bay, Ontario, is a prominent educational institution dedicated to providing high-quality undergraduate and graduate education. The university offers a diverse range of programs spanning various disciplines, focusing on research, innovation, and community engagement.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
LAKEHD 5.30% 2045-11-15 CADLakehead University | Canada | 2045-11-15 | 5.301 | 5.21 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Lakehead University first initiated its bond issuance in the early 2000s to finance campus expansions and enhance its facilities. Notable bond issuances include the $60 million bond in 2015, aimed at funding infrastructure upgrades, which was well-received in the market. Currently, its bonds yield around 3.5%, competitive within the higher education sector, supporting its growth strategy. The university's recent acknowledgment of sustainable financing aligns with trends in ESG investing, reflecting a commitment to responsible borrowing practices.