Flowserve Corp., founded in 1997 and headquartered in Dallas, Texas, is a leading provider of fluid motion and control products and services in the industrial sector. The company specializes in manufacturing pumps, valves, seals, and a range of other flow control products used in diverse applications, including oil and gas, power generation, and water management.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FLS 2.80% 2032-01-15 USDFlowserve Corp. | United States | 2032-01-15 | 2.800 | 4.58 |
| FLS 3.50% 2030-10-01 USDFlowserve Corp. | United States | 2030-10-01 | 3.500 | 4.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Flowserve began its bond issuance program in 1998, catering to its capital needs for growth and acquisitions. Noteworthy issuances include a $500 million senior notes offering in 2020, which was utilized to refinance existing debt and enhance liquidity amid uncertain market conditions. Current yields on Flowserve bonds tend to reflect competitive rates in the industry, making them an attractive option for income-focused investors. The company's solid credit profile has ensured favorable terms on its debt, and it remains committed to maintaining a strong balance sheet, which is pivotal for future strategic initiatives.