Axalta Coating Systems LLC, founded in 1866, is a global coatings company headquartered in Philadelphia, Pennsylvania, specializing in providing innovative and sustainable solutions for industrial, automotive, and architectural applications. The company's extensive product portfolio includes liquid and powder coatings, designed to improve durability and aesthetics while meeting environmental regulations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AXTA 3.38% 2029-02-15 USDAxalta Coating Systems LLC | United States | 2029-02-15 | 3.375 | 5.42 |
| AXTA 3.38% 2029-02-15 USDAxalta Coating Systems LLC | United States | 2029-02-15 | 3.375 | 5.29 |
| AXTA 4.75% 2027-06-15 USDAxalta Coating Systems LLC | United States | 2027-06-15 | 4.750 | 5.16 |
| AXTA 4.75% 2027-06-15 USDAxalta Coating Systems LLC | United States | 2027-06-15 | 4.750 | 5.13 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Axalta has actively participated in the bond market since its initial public offering in 2014, issuing various bonds to finance its operations and strategic initiatives, including acquisitions and capital expenditures. A notable issuance was the $1.1 billion senior notes offering in 2019, which had a competitive yield compared to industry averages at the time. The company's bonds often feature callable options, providing flexibility in capital management, and recent reports indicate stable yields amidst fluctuating market conditions, making Axalta's debt instruments an attractive option for yield-seeking investors.