Great Lakes Dredge & Dock Corporation, established in 1890 and headquartered in Oak Brook, Illinois, is a leading provider of dredging and marine construction services in the United States. The company specializes in a wide range of services, including channel dredging, beach nourishment, and marine infrastructure development, positioning itself as a key player in supporting coastal resilience and infrastructure growth.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GLDD 5.25% 2029-06-01 USDGreat Lakes Dredge & Dock Corporation | United States | 2029-06-01 | 5.250 | 5.31 |
| GLDD 5.25% 2029-06-01 USDGreat Lakes Dredge & Dock Corporation | United States | 2029-06-01 | 5.250 | 5.32 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Great Lakes Dredge & Dock has a history of bond issuances dating back to the late 1990s, with significant financing events including a $200 million senior unsecured note offering in 2017 that bolstered its capital structure. Currently, the company's bond yields are competitive within the maritime construction sector, reflecting stable cash flows from long-term projects. Notably, its bonds have features like call options, providing investors with flexibility while anticipating potential corporate actions aimed at growth and expansion in the marine industry.