ModivCare Inc. 5.0% 01-OCT-2029ModivCare Inc. 5.0% 01-OCT-2029ModivCare Inc. 5.0% 01-OCT-2029

ModivCare Inc. 5.0% 01-OCT-2029

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Overview
Analysis

Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.00% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
16.93%
Maturity date
Oct 1, 2029
Term to maturity
4 years

About ModivCare Inc. 5.0% 01-OCT-2029


Sector
Transportation
Industry
Other Transportation
Home page
Issue date
Aug 24, 2021
FIGI
BBG0122ZSML2
ModivCare, Inc. is a technology-enabled healthcare services company, which engages in the provision of a suite of integrated supportive care solutions for public and private payors and their members. It operates through the following segments: Non-Emergency Medical Transportation (NEMT), Personal Care, Remote Patient Monitoring (RPM), and Corporate and Other. The NEMT segment is involved in the non-emergency medical transportation programs for state governments and managed care organizations, or MCOs, in the U.S. The Personal Care segment offers home personal care services to State and Managed Medicaid, Medicare, and Private Pay patient populations in need of care monitoring and assistance performing activities of daily living. The RPM segment focuses on remote patient monitoring solutions, including personal emergency response systems, vitals monitoring, and data-driven patient engagement solutions. The Corporate and Other segment includes the costs associated with the company's corporate operations. The company was founded by Fletcher Jay McCusker in December 1996 and is headquartered in Denver, CO.
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