Covanta Holding Corporation, founded in 1988 and based in Morristown, New Jersey, is a leader in sustainable waste management and energy production. The company specializes in converting waste materials into renewable energy through its advanced waste-to-energy facilities, contributing to both waste reduction and the generation of electricity while promoting environmental sustainability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CVA 5.00% 2030-09-01 USDCovanta Holding Corporation | United States | 2030-09-01 | 5.000 | 5.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Covanta has been an active bond issuer, with its first major bond issuance occurring in 2009 to fund infrastructure and operational enhancements. Recently, the company launched a series of green bonds to finance projects specifically focused on sustainability, reflecting its commitment to environmental responsibility. Current yields on Covanta's bonds are competitive within the industry, providing attractive options for investors; notably, its bonds feature a significant tax-exempt status, enhancing their appeal in the municipal market. The firm's proactive financial strategies and commitment to maintaining a robust balance sheet have positioned it as a reliable choice for fixed-income investors.