Cornerstone Chemical Company, founded in 2003 and headquartered in Westlake, Louisiana, specializes in the production of intermediate chemicals for a variety of industries, including agriculture, energy, and consumer products. The company provides a broad range of products such as ammonia, nitric acid, and other specialty chemicals that are integral to multiple manufacturing processes.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CRNRCH 10.25% 2027-09-01 USDCornerstone Chemical Company | United States | 2027-09-01 | 10.250 | — |
| CRNRCH 10.50% 2027-09-01 USDCornerstone Chemical Company | United States | 2027-09-01 | 10.500 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cornerstone Chemical has actively engaged in the bond market since 2014, issuing corporate bonds to finance expansion and operational needs. Notable issuances include a $200 million bond in 2016 that was used to fund a major facility upgrade, and its recent issuance in 2022 offers a yield that is competitive within the chemical manufacturing sector. The company’s bonds are noted for their callable features, providing investors with some liquidity in fluctuating markets, and Cornerstone continues to maintain a solid credit rating amidst industry challenges.