Cargojet Inc., founded in 2001 and headquartered in Mississauga, Ontario, is a leading provider of air cargo services in Canada, specializing in overnight deliveries for the retail and e-commerce sectors. The company offers a comprehensive suite of services including scheduled air cargo services, charters, and logistics solutions tailored to meet the demands of various industries.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CJTCN 4.60% 2030-06-30 CADCargojet Inc | Canada | 2030-06-30 | 4.599 | 3.93 |
| CJTCN 5.25% 2026-06-30 CADCargojet Inc | Canada | 2026-06-30 | 5.250 | 4.84 |
| CJTCN 5.75% 2025-04-30 CADCargojet Inc | Canada | 2025-04-30 | 5.750 | 4.89 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cargojet began its bond issuance in 2018 to raise capital for fleet expansion and operational improvements, with notable offerings including a $100 million senior unsecured debenture in 2021, which garnered significant investor interest due to its favorable yield relative to the industry. As of now, Cargojet’s bonds are trading at competitive yields compared to its peers, reflecting robust credit standing and stable business performance. The company has also maintained a commitment to transparency, regularly updating investors on its financial health and strategic direction, which has reinforced confidence among bondholders.