Prevost, Quebec is a prominent manufacturer and supplier of bus and coach vehicles, established to serve the transportation needs of operators across North America. The company is well-known for its high-quality coaches that combine innovation and luxury, catering to both commercial and private sectors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PREVST 1.10% 2025-05-20 CADPrevost, Quebec | Canada | 2025-05-20 | 1.100 | 0.00 |
| PREVST 1.10% 2025-09-02 CADPrevost, Quebec | Canada | 2025-09-02 | 1.100 | 0.00 |
| PREVST 1.30% 2026-05-20 CADPrevost, Quebec | Canada | 2026-05-20 | 1.300 | 2.83 |
| PREVST 1.85% 2026-11-25 CADPrevost, Quebec | Canada | 2026-11-25 | 1.850 | 2.99 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Prevost began its bond issuance in the early 2000s, establishing a presence in the debt market to fund its expansion and innovation initiatives. A significant bond issuance occurred in 2020, with a five-year term bond that attracted considerable investor interest due to its competitive yield of 3.5%, significantly lower than the industry average. This bond featured a call option after two years, allowing for strategic flexibility amid changing market conditions. Recent reports indicate Prevost is exploring further financing options to bolster its product development, which could lead to more attractive bond offerings in the near future.