Colonial Pipeline Company, founded in 1961 and headquartered in Atlanta, Georgia, operates as a prominent energy infrastructure entity dedicated to transporting refined petroleum products across the southeastern United States. The company provides essential services that include the transportation of gasoline, diesel fuel, and other refined products through its extensive pipeline network, which spans over 5,500 miles.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| COLPLN 3.75% 2025-10-01 USDColonial Pipeline Company | United States | 2025-10-01 | 3.750 | 3.71 |
| COLPLN 3.75% 2025-10-01 USDColonial Pipeline Company | United States | 2025-10-01 | 3.750 | 0.00 |
| COLPLN 4.20% 2043-04-15 USDColonial Pipeline Company | United States | 2043-04-15 | 4.200 | 6.22 |
| COLPLN 4.20% 2043-04-15 USDColonial Pipeline Company | United States | 2043-04-15 | 4.200 | 6.22 |
| COLPLN 4.25% 2048-04-15 USDColonial Pipeline Company | United States | 2048-04-15 | 4.250 | 6.09 |
| COLPLN 4.25% 2048-04-15 USDColonial Pipeline Company | United States | 2048-04-15 | 4.250 | 6.09 |
| COLPLN 6.38% 2037-08-01 USDColonial Pipeline Company | United States | 2037-08-01 | 6.375 | 5.94 |
| COLPLN 6.38% 2037-08-01 USDColonial Pipeline Company | United States | 2037-08-01 | 6.375 | 5.94 |
| COLPLN 6.58% 2032-08-28 USDColonial Pipeline Company | United States | 2032-08-28 | 6.580 | 5.37 |
| COLPLN 7.63% 2032-04-15 USDColonial Pipeline Company | United States | 2032-04-15 | 7.630 | 5.14 |
| COLPLN 8.38% 2030-11-01 USDColonial Pipeline Company | United States | 2030-11-01 | 8.375 | 5.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Colonial Pipeline has a notable history in the bond market, first issuing bonds in the early 2000s to finance expansions and infrastructure upgrades. Significant bond issuances include the $1.5 billion in senior secured notes announced in 2016, which were utilized for capital expenditures and refinancing. As of late 2023, Colonial's bonds offer yields that are competitive within the energy sector, reflecting the company’s stable revenue model despite past challenges, such as the 2021 ransomware attack, which raised concerns about cybersecurity in the sector.