The University of Delaware, founded in 1743 and located in Newark, Delaware, serves as a prominent public research university dedicated to advancing education, research, and community engagement. It offers a wide range of undergraduate and graduate programs, fostering innovation and leadership in various fields.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UNIHGR 3.98% 2043-11-01 USDUniversity of Delaware | United States | 2043-11-01 | 3.981 | 5.33 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The University of Delaware has been actively issuing bonds since the early 2000s to finance capital projects and enhance its facilities. Notably, in 2017, the university issued $250 million in bonds to fund campus improvements, achieving a yield of 3.5%, which was competitive compared to the higher education sector. In 2021, the university successfully refinanced a portion of its debt, lowering its interest expenses and showcasing strong demand for its bonds. The institution's bond portfolio includes tax-exempt and taxable bonds, reflecting its strategic approach to funding while maintaining a solid credit rating.