
Diamond Shamrock, Inc., founded in 1910 and headquartered in San Antonio, Texas, is a prominent player in the petrochemical industry, focusing on the production and marketing of chemicals and fuels. The company is known for its innovative approach to refining and producing high-quality gasoline, petrochemical products, and specialty chemicals tailored to meet diverse customer needs.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
VLO 7.65% 2026-07-01 USDDiamond Shamrock,Inc | United States | 2026-07-01 | 7.650 | 4.69 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Diamond Shamrock has a history of issuing bonds dating back to the early 1980s, with significant issuances aimed at funding expansion projects and acquisitions. Notably, in 1997, the company issued a $150 million bond to finance the acquisition of a key refining facility, which bolstered its market position. Currently, their bonds yield approximately 4.5%, aligning closely with the industry average while offering some enhanced liquidity features. Recent news highlights that Diamond Shamrock is exploring a new series of green bonds to fund sustainable initiatives within its operations, reflecting a trend in the sector toward environmentally responsible financing.