Petro-Canada, founded in 1975 and headquartered in Calgary, Alberta, serves as a leading integrated energy company in Canada, focusing on the exploration, production, and distribution of petroleum products. The company operates a comprehensive network of retail fuel stations, as well as providing lubricants, propane, and other energy products to customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SUCN 5.35% 2033-07-15 USDPetro-Canada | Canada | 2033-07-15 | 5.350 | 4.79 |
| SUCN 5.95% 2035-05-15 USDPetro-Canada | Canada | 2035-05-15 | 5.950 | 5.25 |
| SUCN 6.80% 2038-05-15 USDPetro-Canada | Canada | 2038-05-15 | 6.800 | 5.70 |
| SUCN 7.00% 2028-11-15 USDPetro-Canada | Canada | 2028-11-15 | 7.000 | 4.33 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Petro-Canada first issued bonds in the late 1980s, with significant bond offerings occurring during its major expansion phases, including the notable $1 billion issuance in 2017 to fund capital projects and refinancing. Currently, the company’s bonds exhibit yields competitive within the industry, reflecting its solid credit ratings. Notable features include callable options on several bonds, providing flexibility in managing debt. In recent news, Petro-Canada's move to enhance its sustainability initiatives has influenced bond pricing, aligning with broader market trends favoring green financing.