Rensselaer Polytechnic Institute, established in 1824 and located in Troy, New York, is a leading private research university known for its focus on science and engineering education. The institute offers a range of undergraduate and graduate programs, emphasizing innovation, interdisciplinary study, and collaboration with industries.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RPINST 5.25% 2048-09-01 USDRensselaer Polytechnic Institute | United States | 2048-09-01 | 5.246 | 6.29 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Rensselaer began its bond issuance in the early 1990s as part of its funding strategy to support campus development and expansion initiatives. Notable bond offerings include the 2016 issuance of $140 million in revenue bonds dedicated to upgrading facilities and infrastructure, which demonstrated strong investor interest with a competitive yield of 3.5% at the time. The institute maintains a robust credit profile, and its bonds are often considered attractive due to their tax-exempt status and strong fundamentals, making them appealing to retail investors seeking reliable income streams.