Ikon Office Solutions, Inc., founded in 1994 and based in Englewood, Colorado, is a premier provider of office supplies, furniture, and technology products aimed at enhancing workplace efficiency and productivity. The company's extensive product range includes high-quality printing solutions, ergonomic office furniture, and advanced business machines tailored for the needs of both small businesses and large enterprises.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RICOH 6.75% 2025-12-01 USDIkon Office Solutions, Inc. | United States | 2025-12-01 | 6.750 | 11.56 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ikon Office Solutions made its debut in the bond market in 2003, with initial issuances focusing on funding operational expansion and acquisitions. Notably, in 2010, they issued a series of corporate bonds valued at $200 million, aimed at restructuring existing debt, which reflected an attractive yield of 5.5%, competitive within the office solutions sector. The bonds feature callable options, allowing for flexibility in redeeming debt based on market conditions, which has been favorable given the current interest rate environment.