Cleco Corporate Holdings LLC, established in 1997 and headquartered in Pineville, Louisiana, operates as a utility holding company focused on providing reliable electric service to the state of Louisiana. The company’s principal subsidiary, Cleco Power, delivers energy to over 290,000 customers, underscoring its commitment to sustainable energy solutions and community engagement.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CNL 3.38% 2029-09-15 USDCleco Corporate Holdings LLC | United States | 2029-09-15 | 3.375 | 4.94 |
| CNL 3.38% 2029-09-15 USDCleco Corporate Holdings LLC | United States | 2029-09-15 | 3.375 | 4.86 |
| CNL 3.38% 2029-09-15 USDCleco Corporate Holdings LLC | United States | 2029-09-15 | 3.375 | 4.94 |
| CNL 3.74% - USDCleco Corporate Holdings LLC | United States | — | 3.743 | 3.74 |
| CNL 3.74% 2026-05-01 USDCleco Corporate Holdings LLC | United States | 2026-05-01 | 3.743 | 4.30 |
| CNL 4.97% 2046-05-01 USDCleco Corporate Holdings LLC | United States | 2046-05-01 | 4.973 | 5.94 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cleco has actively participated in the bond market since its inception, with significant issuances designed to finance capital projects and infrastructure improvements. Noteworthy events include a $400 million bond issuance in 2021, which was primarily utilized to refinance existing debt and fund system upgrades. Current yields on Cleco's bonds are competitive within the utility sector, with recent ratings affirming the company's stable outlook. The bonds feature callable provisions, enhancing flexibility for investors and reflecting management's cautious approach to debt management.