Rocket Software Inc, founded in 1990 and headquartered in Newton, Massachusetts, specializes in developing software solutions that enhance and modernize existing enterprise systems. The company offers a range of products, including data management, application modernization, and development tools, designed to improve processes for businesses relying on legacy systems.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ROCSOF 6.50% 2029-02-15 USDRocket Software Inc | United States | 2029-02-15 | 6.500 | 12.98 |
| ROCSOF 6.50% 2029-02-15 USDRocket Software Inc | United States | 2029-02-15 | 6.500 | 13.25 |
| ROCSOF 9.00% 2028-11-28 USDRocket Software Inc | United States | 2028-11-28 | 9.000 | 9.94 |
| ROCSOF 9.00% 2028-11-28 USDRocket Software Inc | United States | 2028-11-28 | 9.000 | 10.24 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Rocket Software has actively participated in the bond market, beginning its bond issuance strategy in 2019 when it raised $250 million in senior unsecured notes. Notably, in 2021, the company issued an additional $300 million in bonds to finance acquisitions and expansion, with current yields tracking at approximately 4.5%, aligning with industry averages. The bonds feature a five-year maturity, which provides flexibility in capital management. Recent news highlights Rocket's intention to utilize proceeds from their bond offerings to enhance technological innovations and accelerate market growth.