The Cleveland Clinic Foundation, established in 1921 and headquartered in Cleveland, Ohio, is a nonprofit academic medical center focused on providing exceptional healthcare services, research, and education. Renowned for its innovative treatment approaches and specialty clinics, it offers a wide range of services including cardiology, oncology, and neurology care, attracting patients from around the globe.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CLECLI 4.86% 2114-01-01 USDThe Cleveland Clinic Foundation | United States | 2114-01-01 | 4.858 | 5.70 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The Cleveland Clinic Foundation first began issuing bonds in the late 1990s to finance its expansion and enhance its medical facilities. Notable issuances include the $500 million bond offering in 2015, which was aimed at funding the construction of new facilities and improving infrastructure. Currently, the yields on its bonds are competitive within the healthcare sector, reflecting strong credit ratings and robust financial standing, further bolstered by its strategic emphasis on clinical excellence and research advancements.