NewMarket Corp., founded in 1984 and headquartered in Richmond, Virginia, is a leading chemical company dedicated to producing and marketing specialty chemicals, primarily focusing on the agriculture and industrial sectors. The company’s product portfolio includes performance chemicals, additives, and advanced materials that cater to a wide range of applications.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NEU 2.70% 2031-03-18 USDNewMarket Corp. | United States | 2031-03-18 | 2.700 | 4.43 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
NewMarket Corp. began issuing corporate bonds in 1993, with notable issuances such as the $200 million bond in 2015 to finance strategic acquisitions. The company has maintained a consistent yield advantage over its industry peers, with recent bonds offering yields around 3.5%, reflecting strong investor confidence. Notable features of their bond offerings include call provisions allowing flexibility for early redemption, a factor that has attracted significant investor interest. Recent reports indicated an upcoming bond issuance expected to further support NewMarket’s growth initiatives, underscoring the company's proactive funding strategy in a dynamic market environment.