Midcontinent Communications, founded in 1931 and headquartered in Sioux Falls, South Dakota, is a leading telecommunications provider dedicated to delivering high-quality services across the Midwest. The company offers a robust suite of products, including high-speed internet, digital TV, and phone services, catering primarily to residential and business customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MIDCON 5.38% 2027-08-15 USDMidcontinent Communications | United States | 2027-08-15 | 5.375 | 32.04 |
| MIDCON 5.38% 2027-08-15 USDMidcontinent Communications | United States | 2027-08-15 | 5.375 | 33.14 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Midcontinent Communications first began issuing bonds in the early 2000s, with significant issuances in 2015 aimed at financing network expansions. Notably, the company released a $300 million bond in 2020, which facilitated the upgrade of infrastructure and enhanced service offerings. Currently, their bonds yield around 4.5%, which is competitive within the telecommunications sector. The bonds are typically issued with various features, including call provisions, ensuring flexibility for investors. Recent news indicates an ongoing commitment to sustainable financing, reflecting a broader industry trend.