Penske Truck Leasing Canada Inc., founded in Mississauga, Ontario, is a subsidiary of Penske Corporation, established to provide comprehensive transportation solutions in Canada. The company specializes in truck leasing, maintenance, logistics, and fleet management services, catering to a wide range of industries and helping businesses optimize their supply chain operations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PENSKE 5.44% 2025-12-08 CADPenske Truck Leasing Canada Inc. | Canada | 2025-12-08 | 5.440 | 2.99 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Penske Truck Leasing Canada Inc. began issuing bonds in the early 2000s to finance expansion and operational enhancements. One notable issuance occurred in 2017, when the company successfully raised $500 million in senior unsecured notes, which were significantly oversubscribed, reflecting strong investor interest and confidence in their business model. Currently, the yields on their bonds range competitively within the industry, in line with their solid credit ratings, and the bonds feature a mix of fixed and floating rates, providing options for diverse investor preferences.