Argan, Inc. was founded in 2004 and is headquartered in Rockville, Maryland, focusing on providing energy-related services and infrastructure development. The company specializes in engineering, procurement, and construction services for power generation facilities, including those that incorporate renewable energy sources.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ARGFP 1.01% 2026-11-17 EURArgan | France | 2026-11-17 | 1.011 | 2.59 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Argan has actively engaged in the bond market since 2016, with notable issuances aimed at financing various construction projects. A significant issuance in June 2021 raised $300 million, which was used to fund the expansion of their renewable energy portfolio. Currently, their bonds yield around 5.2%, which is competitive within the industry. Argan’s bonds are often accompanied by unique features, such as callable options, allowing investors flexibility to redeem earlier under specific conditions.