
Washington University, founded in 1853 and located in St. Louis, Missouri, is a private research university committed to education, research, and community service. The institution offers a wide range of undergraduate and graduate programs, with notable strengths in fields such as medicine, law, and engineering.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
WAUNIV 3.52% 2054-04-15 USDWashington University | United States | 2054-04-15 | 3.524 | 5.47 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Washington University has a longstanding history of issuing bonds to finance its capital projects and expansion. The university began its bond issuance program in the early 2000s, significantly raising funds for infrastructure updates, including facilities for the medical and engineering schools. Noteworthy issuances include the $125 million bond offering in 2013 for the construction of new student housing, coupled with current yields remaining competitive at approximately 3.2% in the higher education sector. Additionally, the university's bonds are often backed by student tuition revenue and state allocations, providing a stable revenue stream that enhances their attractiveness to investors.