PPG Industries, Inc. is a global leader in the paints, coatings, and specialty materials industry, founded in 1883 and headquartered in Pittsburgh, Pennsylvania. The company is focused on delivering innovative solutions across various sectors, including automotive, industrial, and architectural coatings. Key products include a wide range of decorative paints, sealants, and protective coatings that serve both consumer and professional markets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PPG 0.88% 2025-11-03 EURPPG Industries, Inc. | United States | 2025-11-03 | 0.875 | 0.00 |
| PPG 1.20% 2026-03-15 USDPPG Industries, Inc. | United States | 2026-03-15 | 1.200 | 3.51 |
| PPG 1.40% 2027-03-13 EURPPG Industries, Inc. | United States | 2027-03-13 | 1.400 | 2.41 |
| PPG 1.88% 2025-06-01 EURPPG Industries, Inc. | United States | 2025-06-01 | 1.875 | 0.00 |
| PPG 2.55% 2030-06-15 USDPPG Industries, Inc. | United States | 2030-06-15 | 2.550 | 4.07 |
| PPG 2.75% 2029-06-01 EURPPG Industries, Inc. | United States | 2029-06-01 | 2.750 | 1.08 |
| PPG 2.80% 2029-08-15 USDPPG Industries, Inc. | United States | 2029-08-15 | 2.800 | 3.85 |
| PPG 3.25% 2032-03-04 EURPPG Industries, Inc. | United States | 2032-03-04 | 3.250 | 3.31 |
| PPG 3.75% 2028-03-15 USDPPG Industries, Inc. | United States | 2028-03-15 | 3.750 | 3.84 |
| PPG 4.38% 2031-03-15 USDPPG Industries, Inc. | United States | 2031-03-15 | 4.375 | 4.23 |
| PPG 5.50% 2040-11-15 USDPPG Industries, Inc. | United States | 2040-11-15 | 5.500 | 5.26 |
| PPG 7.70% 2038-03-15 USDPPG Industries, Inc. | United States | 2038-03-15 | 7.700 | 5.32 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
PPG began issuing bonds in the late 1980s, with a significant issuance of $750 million in 2016 to finance its acquisition of AkzoNobel’s global industrial coatings business. The company’s bonds typically offer competitive yields, with current rates slightly above industry averages, reflecting its strong credit rating. Notably, PPG issued green bonds in 2020 to support sustainability initiatives, which attracted considerable investor interest due to their positive environmental impact.