API Group De Inc, founded in 1920 and headquartered in Minnesota, specializes in providing life safety and security solutions across various sectors, including commercial and residential markets. The company offers a range of services, including installation, maintenance, and monitoring of fire protection systems, security systems, and other safety solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| APIGRP 4.13% 2029-07-15 USDAPI Group De Inc | United States | 2029-07-15 | 4.125 | 5.50 |
| APIGRP 4.13% 2029-07-15 USDAPI Group De Inc | United States | 2029-07-15 | 4.125 | 5.44 |
| APIGRP 4.75% 2029-10-15 USDAPI Group De Inc | United States | 2029-10-15 | 4.750 | 5.38 |
| APIGRP 4.75% 2029-10-15 USDAPI Group De Inc | United States | 2029-10-15 | 4.750 | 5.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
API Group De Inc began its bond issuance program in the late 1990s to finance its expansion initiatives and strategic acquisitions. Notable issuances include the $300 million bond raised in 2021, which helped fund the acquisition of a significant competitor in the market. Currently, the company's bonds exhibit yields around 5.2%, aligning closely with industry averages, while offering unique features such as callable options allowing for early redemption. In recent news, API Group's commitment to sustainable practices has further enhanced investor interest, especially in green bond offerings.