CVS Lease Pass Through, headquartered in Woonsocket, Rhode Island, was established to manage lease obligations for CVS Health Corporation. The company primarily focuses on providing lease pass-through financing, a service that supports CVS Health's strategic operational needs through tailored financial arrangements.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CVS 5.93% 2034-01-10 USDCVS Lease Pass Through | United States | 2034-01-10 | 5.926 | 5.16 |
| CVS 5.93% 2034-01-10 USDCVS Lease Pass Through | United States | 2034-01-10 | 5.926 | 5.16 |
| CVS 7.51% 2032-01-10 USDCVS Lease Pass Through | United States | 2032-01-10 | 7.507 | 5.10 |
| CVS 7.51% 2032-01-10 USDCVS Lease Pass Through | United States | 2032-01-10 | 7.507 | 5.10 |
| CVS 8.35% 2031-07-10 USDCVS Lease Pass Through | United States | 2031-07-10 | 8.353 | 5.31 |
| CVS 8.35% 2031-07-10 USDCVS Lease Pass Through | United States | 2031-07-10 | 8.353 | 5.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, CVS Lease Pass Through has actively participated in bond markets, with its first bond issuance occurring in 2017. The company has made significant strides in bond offerings, including a recent $500 million issuance that attracted considerable investor interest, reflected in yields that are currently competitive within the retail sector. Notably, these bonds feature a robust structure with relatively low default risk, enhancing their appeal to conservative investors. In recent news, CVS Lease Pass Through announced enhancements to its lease portfolio, expected to further improve its financial stability and attractiveness in future bond offerings.