Roller Bearing Company of America Inc, founded in 1919 and headquartered in New Jersey, specializes in the manufacturing and distribution of high-performance roller bearings. The company is a key player in the industrial sector, providing solutions for a variety of applications including aerospace, automotive, and heavy machinery.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ROLL 4.38% 2029-10-15 USDRoller Bearing Company of America Inc | United States | 2029-10-15 | 4.375 | 5.30 |
| ROLL 4.38% 2029-10-15 USDRoller Bearing Company of America Inc | United States | 2029-10-15 | 4.375 | 5.25 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, the Roller Bearing Company has issued corporate bonds to finance growth and expansion, with the first bond issued in 1985. Their most notable issuance came in 2010, when they raised $50 million to support a major facility expansion, resulting in a yield of 5%, which was competitive for the industry at that time. Currently, their bonds feature a robust credit rating, reflecting strong financial health, though they have recently been impacted by supply chain challenges. Investors can track their bond yields, which remain favorable compared to competitors amidst evolving market conditions.