
Wake Forest University, founded in 1834 and located in Winston-Salem, North Carolina, is a private university known for its commitment to education and research. The institution offers a wide range of undergraduate and graduate programs, emphasizing liberal arts and professional studies, alongside a vibrant campus life.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
WAKEFU 3.01% 2051-01-01 USDWake Forest University | United States | 2051-01-01 | 3.012 | 5.62 |
WAKEFU 3.70% 2042-01-15 USDWake Forest University | United States | 2042-01-15 | 3.701 | 5.24 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Wake Forest University has a history of issuing bonds to fund campus development and expansion projects. Notably, the university began its bond issuance in the early 2000s, with significant issuing having occurred in 2011 for a new academic building, securing a yield of 4.5% at the time. Currently, Wake Forest's bonds, which maintain high credit ratings, show yields competitive with similar public institutions, particularly as interest rates rise. Recent discussions about refinancing older bonds could lead to more favorable terms, signaling the university's proactive approach to financial management amid changing market conditions.