Party City Holdco Inc, founded in 1986 and headquartered in Elmsford, New York, operates as a retailer of party supplies and festive decorations, serving both individual consumers and businesses. The company offers a diverse array of products, including balloons, costumes, tableware, and seasonal decorations, catering to a wide range of celebrations and events.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PRTY 12.00% 2029-01-11 USDParty City Holdco Inc | United States | 2029-01-11 | 12.000 | — |
| PRTY 12.00% 2029-01-11 USDParty City Holdco Inc | United States | 2029-01-11 | 12.000 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Party City first started issuing bonds in 2016 to support its growth initiatives and to refinance existing debt. Notably, in 2019, the company issued $400 million in 7.125% senior unsecured notes, which were strategically used to enhance liquidity and bolster financial flexibility. Currently, Party City's bond yields are competitive within the retail sector, with 2023 yields reflecting market conditions and the company's operational performance. Recent news surrounding the company's bond activity indicates a focus on maintaining a solid credit profile amid industry challenges, while exploring refinancing opportunities to optimize capital structure.