
Ochsner Clinic Foundation, founded in 1942 and located in Louisiana, is a leading nonprofit healthcare organization committed to providing high-quality medical services to the community. The foundation operates a network of hospitals, urgent care centers, and specialty clinics, emphasizing advanced care, research, and education in the rapidly evolving healthcare landscape.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
OSCFND 5.90% 2045-05-15 USDOchsner Clinic Foundation | United States | 2045-05-15 | 5.897 | 5.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ochsner Clinic Foundation has a notable history in bond issuances, having first entered the bond market in the early 2000s to finance expansion projects. Significant issuances include a $300 million bond series in 2018, aimed at upgrading facilities and enhancing patient care services. As of October 2023, Ochsner's bonds yield competitively compared to industry averages, reflecting strong creditworthiness and demand. Additionally, the organization utilizes fixed-rate and variable-rate bonds, appealing to a diverse range of investors. Recent news highlighted Ochsner's strategic initiatives to focus on sustainable financing models, further enhancing its bond market reputation.