Best Buy Co. Inc., founded in 1966 and headquartered in Richfield, Minnesota, is a leading multinational retailer specializing in consumer electronics and appliances. The company operates a network of retail stores and online platforms, providing a wide range of products, including computers, smartphones, televisions, and home appliances, along with services such as installation and repair.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BBY 1.95% 2030-10-01 USDBest Buy Co. Inc. | United States | 2030-10-01 | 1.950 | 4.33 |
| BBY 4.45% 2028-10-01 USDBest Buy Co. Inc. | United States | 2028-10-01 | 4.450 | 4.04 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Best Buy began issuing bonds in the early 2000s as part of its strategy to raise capital for expansion and operational needs. Significant bond issuances include the 2013 offering of $1 billion in senior notes, which were used to fund share repurchases and strategic initiatives. Currently, the yield on Best Buy's bonds remains competitive within the retail sector, providing investors with a stable option. Notably, the company's bonds have features such as call provisions that allow for early redemption under specific conditions, enhancing their appeal in a volatile market.