Nordson Corporation, founded in 1954 and headquartered in Westlake, Ohio, is a global leader in precision dispensing, ambient curing, and automated systems dedicated to industrial adhesive, coating, sealant, and surface treatment applications. The company offers a wide range of advanced technologies, including fluid dispensing systems and UV curing equipment, serving diverse industries such as packaging, electronics, and medical device manufacturing.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NDSN 4.50% 2029-12-15 USDNordson Corp. | United States | 2029-12-15 | 4.500 | 4.22 |
| NDSN 5.60% 2028-09-15 USDNordson Corp. | United States | 2028-09-15 | 5.600 | 4.10 |
| NDSN 5.80% 2033-09-15 USDNordson Corp. | United States | 2033-09-15 | 5.800 | 4.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nordson began issuing bonds in 1995 to finance its growth initiatives and improve operational flexibility. Significant offerings include a $400 million senior unsecured notes issuance in 2020, aimed at refinancing existing debt and supporting strategic acquisitions, with current yields resembling the industry average. Additionally, Nordson's bonds are noted for their low-risk profile, bolstered by a credit rating upgrade in 2021, reflecting the company's strong financial performance and disciplined capital management strategies.