B.A.T. Capital Corporation, founded in 1999 and based in Richmond, Virginia, serves as a key financial subsidiary of the British American Tobacco plc, primarily focusing on funding and treasury operations. The company offers a range of financial products, including corporate bond issuances, financing solutions, and treasury management services tailored to meet the needs of its parent company and its subsidiaries.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BATSLN 3.22% 2026-09-06 USDB.A.T. Capital Corporation | United Kingdom | 2026-09-06 | 3.215 | 4.10 |
| BATSLN 3.46% 2029-09-06 USDB.A.T. Capital Corporation | United States | 2029-09-06 | 3.462 | 4.31 |
| BATSLN 4.63% 2033-03-22 USDB.A.T. Capital Corporation | United States | 2033-03-22 | 4.625 | 4.75 |
| BATSLN 4.76% 2049-09-06 USDB.A.T. Capital Corporation | United Kingdom | 2049-09-06 | 4.758 | 5.85 |
| BATSLN 4.91% 2030-04-02 USDB.A.T. Capital Corporation | United Kingdom | 2030-04-02 | 4.906 | 4.40 |
| BATSLN 5.28% 2050-04-02 USDB.A.T. Capital Corporation | United Kingdom | 2050-04-02 | 5.282 | 5.95 |
| BATSLN 5.65% 2052-03-16 USDB.A.T. Capital Corporation | United States | 2052-03-16 | 5.650 | 5.96 |
| BATSLN 5.83% 2031-02-20 USDB.A.T. Capital Corporation | United Kingdom | 2031-02-20 | 5.834 | 4.52 |
| BATSLN 6.00% 2034-02-20 USDB.A.T. Capital Corporation | United Kingdom | 2034-02-20 | 6.000 | 4.96 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
B.A.T. Capital commenced its bond issuance program shortly after its founding, with its inaugural bond offering in 2000 aimed at reinforcing the company's capital structure. A notable issuance occurred in 2017, when B.A.T. Capital launched a $1 billion bond sale, attracting significant investor interest due to its favorable yields compared to the industry average. Currently, its bonds are known for their competitive fixed-interest rates, with a recent yield of 3.5%, which stands out amidst a rising interest rate environment. The company’s bonds feature a clean structure with no embedded options, appealing to retail investors seeking straightforward investment opportunities in the corporate bond market.