Enron Corp., founded in 1985 and headquartered in Houston, Texas, was a leading energy company known for its innovative approach to energy trading and risk management. The company primarily provided natural gas, electricity, and other energy-related services, rapidly becoming a key player in the deregulated energy market.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WFC 6.18% 2036-02-15 USDEnron Corp. | United States | 2036-02-15 | 6.180 | 5.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Enron began issuing bonds in the early 1990s, attracting investors with its strong growth prospects and innovative transaction structures. Notably, its $2.2 billion bond issuance in 1997 marked a significant moment, bolstering its expansion and enhancing liquidity. However, as the company faced scrutiny over accounting practices and financial transparency in 2001, its bonds plummeted in value, leading to bankruptcy and one of the largest collapses in corporate history. Currently, Enron's once-prominent bond market presence serves as a cautionary tale regarding risks in corporate finance and the importance of due diligence for investors.