ITT Holdings LLC, founded in 2007 and headquartered in the United States, operates as a diversified holding company focused on investing in various sectors including technology and industrial services. The company is committed to delivering long-term value through strategic acquisitions and operational efficiencies in its portfolio.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| INTMAT 6.50% 2029-08-01 USDITT Holdings Llc | United States | 2029-08-01 | 6.500 | 7.58 |
| INTMAT 6.50% 2029-08-01 USDITT Holdings Llc | United States | 2029-08-01 | 6.500 | 7.48 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, ITT Holdings has engaged in several bond issuances to fund its growth initiatives, starting with its first issuance in 2010. Notably, in 2021, the company raised $300 million through a 10-year bond offering, which garnered significant investor interest due to its favorable yield of 4%, outpacing the industry average at the time. Additionally, these bonds feature call options allowing early redemption, a strategic move to capitalize on fluctuating interest rates, and reflect ITT Holdings' proactive financial management in turbulent market conditions.