Select Medical Corp, founded in 1997 and headquartered in Mechanicsburg, Pennsylvania, focuses on providing specialized post-acute care services. The company operates a network of inpatient rehabilitation hospitals, outpatient rehabilitation clinics, and long-term acute care hospitals, positioning itself as a leader in healthcare services that enhance patient recovery.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SEM 6.25% 2026-08-15 USDSelect Medical Corp | United States | 2026-08-15 | 6.250 | 4.27 |
| SEM 6.25% 2026-08-15 USDSelect Medical Corp | United States | 2026-08-15 | 6.250 | 4.27 |
| SEM 6.25% 2032-12-01 USDSelect Medical Corp | United States | 2032-12-01 | 6.250 | 6.12 |
| SEM 6.25% 2032-12-01 USDSelect Medical Corp | United States | 2032-12-01 | 6.250 | 6.10 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Select Medical entered the bond market in 2014 to finance its growth initiatives, with significant issuances including a $350 million unsecured note in 2021, aimed at refinancing existing debt and funding capital expenditures. As of October 2023, Select Medical's bonds yield approximately 5.2%, competitive within the healthcare sector, and feature an attractive maturity profile. Recent news highlighted the company's intention to pursue additional refinancing opportunities to optimize its capital structure in a rising interest rate environment.