ITC Holdings Corp, founded in 2003 and headquartered in Novi, Michigan, is a leading energy transmission company primarily focused on the development and operation of high-voltage electric transmission systems. The company aims to provide reliable electricity solutions to its customers while advancing sustainable energy initiatives. ITC’s key services include the transmission of electricity with a commitment to enhancing grid reliability and facilitating the integration of renewable energy resources.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ITC 2.95% 2030-05-14 USDITC Holdings Corp | United States | 2030-05-14 | 2.950 | 4.45 |
| ITC 2.95% 2030-05-14 USDITC Holdings Corp | United States | 2030-05-14 | 2.950 | 4.42 |
| ITC 3.25% 2026-06-30 USDITC Holdings Corp | United States | 2026-06-30 | 3.250 | 4.25 |
| ITC 3.35% 2027-11-15 USDITC Holdings Corp | United States | 2027-11-15 | 3.350 | 4.08 |
| ITC 4.95% 2027-09-22 USDITC Holdings Corp | United States | 2027-09-22 | 4.950 | 4.23 |
| ITC 4.95% 2027-09-22 USDITC Holdings Corp | United States | 2027-09-22 | 4.950 | 4.24 |
| ITC 5.30% 2043-07-01 USDITC Holdings Corp | United States | 2043-07-01 | 5.300 | 5.60 |
| ITC 5.40% 2033-06-01 USDITC Holdings Corp | United States | 2033-06-01 | 5.400 | 4.91 |
| ITC 5.40% 2033-06-01 USDITC Holdings Corp | United States | 2033-06-01 | 5.400 | 4.91 |
| ITC 5.65% 2034-05-09 USDITC Holdings Corp | United States | 2034-05-09 | 5.650 | 5.02 |
| ITC 6.38% 2036-09-30 USDITC Holdings Corp | United States | 2036-09-30 | 6.375 | 5.62 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
ITC Holdings Corp began issuing bonds in 2011, establishing a strong presence in the capital markets to finance its infrastructure projects. Notable bond issuances include a $1 billion offering in 2017, aimed at funding major transmission upgrades, which garnered significant investor interest due to the company’s robust credit profile and strategic growth plans. As of late 2023, ITC's bonds offer competitive yields compared to industry peers, making them an attractive option for fixed income investors. Additionally, the company has consistently maintained its investment-grade rating, enhancing the appeal of its bond offerings to retail investors.