Kirby Corporation, founded in 1969 and headquartered in Houston, Texas, is a premier provider of marine transportation and diesel engine services. The company specializes in the transportation of bulk materials, particularly petrochemicals, and operates a diverse fleet of towboats and barges across inland and offshore waters.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| KEX 4.20% 2028-03-01 USDKirby Corp. | United States | 2028-03-01 | 4.200 | 3.87 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Kirby Corporation began issuing bonds in the early 1990s to finance its expansion efforts and has since established itself as a reliable issuer in the market. Notably, in 2021, Kirby issued $300 million in senior notes, which were met with significant investor demand, illustrating investor confidence in the company's financial health. As of October 2023, Kirby's bonds boast yields that remain competitive within the marine transportation sector, reflecting a strong credit profile, while the notes feature the flexibility of early redemption options, appealing to a broad range of institutional investors.