Finning International Inc., founded in 1933 and headquartered in Edmonton, Alberta, Canada, is a leading provider of equipment and services for the construction, mining, and forestry sectors. The company is the largest Caterpillar dealer in the world, offering sales, rental, and maintenance of heavy machinery, as well as innovative technology solutions that enhance operational efficiency for its clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FTTCN 2.63% 2026-08-14 CADFinning International Inc. | Canada | 2026-08-14 | 2.626 | 2.70 |
| FTTCN 4.45% 2028-05-16 CADFinning International Inc. | Canada | 2028-05-16 | 4.445 | 3.17 |
| FTTCN 4.78% 2029-02-13 CADFinning International Inc. | Canada | 2029-02-13 | 4.778 | 3.31 |
| FTTCN 5.08% 2042-06-13 CADFinning International Inc. | Canada | 2042-06-13 | 5.077 | 5.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Finning has a strong history of bond issuances, having first entered the bond market in the early 2000s to support its growth strategies. The company has executed notable issues, such as its CAD $300 million bond in 2020, which attracted significant investor interest due to its attractive yield of 3.85%, aligning with industry standards. Currently, Finning's bonds feature a stable rating and are regarded as a reliable investment in the industrial sector, reflecting the issuer's robust financial health and commitment to maintaining a strong balance sheet.