
Trustees of Princeton University is a private, non-profit entity established in 1746 and based in Princeton, New Jersey, dedicated to the governance and administration of Princeton University. The organization primarily oversees the university’s financial resources, including its investment portfolio and endowment, to support educational initiatives, research, and campus development.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
PRNCTN 4.20% 2052-03-01 USDTrustees of Princeton University | United States | 2052-03-01 | 4.201 | 5.35 |
PRNCTN 4.65% 2030-07-01 USDTrustees of Princeton University | United States | 2030-07-01 | 4.647 | 3.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Princeton University has a history of bond issuances dating back to the 1980s, with notable highlights including the issuance of $300 million in tax-exempt bonds in 2015 to fund various infrastructure projects on campus. The university employs a mixture of fixed-rate and variable-rate bonds, which currently yield competitive returns compared to the higher education sector. Recent trends indicate a strong demand for its bonds, particularly due to the university's solid credit rating and fiscal management, with 2022 being a landmark year for sustained funding, allowing for expansion in both academic facilities and financial aid programs.