Memorial Health Services, founded in 1945 and headquartered in Long Beach, California, is a leading healthcare provider dedicated to offering comprehensive medical services to diverse communities. The organization operates multiple hospitals and outpatient facilities, providing critical care, surgical services, and specialized treatment programs to enhance patient health and wellbeing.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MEMHLT 3.45% 2049-11-01 USDMemorial Health Services | United States | 2049-11-01 | 3.447 | 5.73 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Memorial Health Services initiated its bond issuance strategy in 2001 to fund facility upgrades and expansion initiatives. Notably, in 2015, the company issued a series of revenue bonds totaling $150 million to finance the construction of a new cancer treatment center, which has since contributed significantly to patient care offerings. Current yields for their bonds remain competitive in comparison to the healthcare sector, and the strong demand for their bonds reflects investor confidence in the organization's financial stability and growth potential. Recent news has also highlighted plans for an upcoming bond issuance aimed at further modernizing their infrastructure, indicating ongoing commitment to quality healthcare services.