
UPMC, or the University of Pittsburgh Medical Center, is a prominent healthcare provider founded in 1893 and headquartered in Pittsburgh, Pennsylvania. With a mission to provide high-quality patient care, UPMC operates over 40 hospitals and numerous outpatient facilities, offering services ranging from specialized medical treatments to health insurance plans.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
UPMCHS 5.04% 2033-05-15 USDUPMC | United States | 2033-05-15 | 5.035 | 4.67 |
UPMCHS 5.38% 2043-05-15 USDUPMC | United States | 2043-05-15 | 5.377 | 5.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
UPMC has been active in issuing bonds since the early 2000s, with significant issuances aimed at funding facility expansions and technological upgrades. Notably, in 2021, UPMC issued $600 million in bonds to finance the construction of a new cancer treatment center, which garnered strong investor interest due to its favorable yield compared to industry averages. The current yield on UPMC's outstanding bonds remains competitive, reflecting the organization's solid financial health and commitment to growth.