Grainger Plc, founded in 1889 and headquartered in London, is a leading distributor of maintenance, repair, and operating (MRO) products. The company serves a diverse range of sectors, focusing on providing customers with essential supplies to maintain operational efficiency.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GRILN 3.00% 2030-07-03 GBPGrainger Plc | United Kingdom | 2030-07-03 | 3.000 | 5.23 |
| GRILN 3.38% 2028-04-24 GBPGrainger Plc | United Kingdom | 2028-04-24 | 3.375 | 5.05 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Grainger Plc began issuing bonds in the early 2000s, establishing a significant presence in the corporate bond market. Notably, in 2020, Grainger issued a £250 million bond with a 1.5% coupon rate, aimed at financing new property development. Currently, the company’s bonds yield around 3%, aligning closely with the industry benchmarks, while maintaining a strong credit rating. The firm also offers green bonds, aligning with its commitment to sustainability and attracting environmentally conscious investors.