Meadwestvaco Corp., headquartered in Richmond, Virginia, was founded in 2002 through the merger of Mead Corporation and Westvaco Corporation, focusing on providing packaging solutions and specialty chemicals. The company’s key offerings include consumer packaging, industrial packaging, and sustainable solutions that cater to various industries such as food, beverage, and personal care.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WRK 6.80% 2032-11-15 USDMeadwestvaco Corp. | United States | 2032-11-15 | 6.800 | 5.21 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Meadwestvaco began its bond issuance program in the early 2000s, with significant milestones including a notable $400 million issuance in 2013 to refinance existing debt. As of 2023, the company’s bonds yield around 4.5%, which is competitive within the industry. Noteworthy features of some of their bonds include hybrid structures that provide both equity-like and fixed-income characteristics, allowing greater flexibility for investors. Recent news has highlighted Meadwestvaco's efforts to optimize its capital structure, with discussions on potential future issuances tied to strategic growth initiatives.