Matthews International Corp., founded in 1850 and headquartered in Pittsburgh, Pennsylvania, focuses on providing memorialization and industrial products and services. The company is best known for its memorial products, branded as Matthews Memorialization, as well as its specialized packaging solutions through Matthews Automation Solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MATW 5.25% 2025-12-01 USDMatthews International Corp. | United States | 2025-12-01 | 5.250 | 6.39 |
| MATW 5.25% 2025-12-01 USDMatthews International Corp. | United States | 2025-12-01 | 5.250 | 6.39 |
| MATW 8.63% 2027-10-01 USDMatthews International Corp. | United States | 2027-10-01 | 8.625 | 6.98 |
| MATW 8.63% 2027-10-01 USDMatthews International Corp. | United States | 2027-10-01 | 8.625 | 7.02 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Matthews International began issuing bonds in the mid-1990s to support its growth strategy and acquisitions. Notably, in 2020, the company issued $225 million in senior unsecured notes, which garnered significant investor interest and was aimed at refinancing existing debt. As of now, the current yield on Matthews' bonds is competitive within the industry, reflecting its stable operational performance and robust cash flow generation, while features such as optional redemption clauses enhance their attractiveness to investors.