Ingevity Corp, founded in 2016 and headquartered in North Charleston, South Carolina, is a global leader in specialty chemicals and high-performance materials. The company focuses on providing sustainable solutions in areas such as environmental, automotive, and industrial applications, with key products including activated carbon, fuel additives, and specialty resins.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NGVT 3.88% 2028-11-01 USDIngevity Corp | United States | 2028-11-01 | 3.875 | 5.27 |
| NGVT 3.88% 2028-11-01 USDIngevity Corp | United States | 2028-11-01 | 3.875 | 5.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ingevity first entered the bond market in 2016, shortly after its spin-off from Eastman Chemical Company, issuing $400 million in senior unsecured notes. Over the years, the company has issued additional bonds, including a notable $300 million offering in 2021, which was utilized for debt refinancing and capital expenditures. Currently, Ingevity's bonds yield in the range of 4.5% to 5.0%, which is competitive within the specialty chemicals sector, reflecting solid credit quality. The company’s bonds feature call options and have received favorable reviews from credit rating agencies, underscoring their stability and appeal to retail investors.