American Greetings Corp., founded in 1906 and headquartered in Cleveland, Ohio, is a leading provider of greeting cards and related products, dedicated to helping people connect and celebrate life's moments. The company offers a broad range of products, including greeting cards, gift wrap, party supplies, and digital products, targeting various demographics through multiple distribution channels.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AM 6.10% 2028-08-01 USDAmerican Greetings Corp. | United States | 2028-08-01 | 6.100 | 6.97 |
| AM 7.88% 2025-02-15 USDAmerican Greetings Corp. | United States | 2025-02-15 | 7.875 | — |
| AM 7.88% 2025-02-15 USDAmerican Greetings Corp. | United States | 2025-02-15 | 7.875 | — |
| AM 8.75% 2025-04-15 USDAmerican Greetings Corp. | United States | 2025-04-15 | 8.750 | — |
| AM 8.75% 2025-04-15 USDAmerican Greetings Corp. | United States | 2025-04-15 | 8.750 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
American Greetings has a history of bond issuance dating back to the early 2000s, with significant transactions designed to fund operational expansions and acquisitions. Notably, in 2013, the company issued $350 million in senior unsecured notes, which were well-received in the market and aimed at refinancing existing debts. Currently, the company's bond yields are competitive, reflecting strong demand in the retail sector, with a recent issuance garnering attention for its favorable terms amidst market fluctuations.