SKF AB, founded in 1907 and headquartered in Gothenburg, Sweden, is a global leader in the design and manufacture of bearings, seals, and lubrication systems, aimed at enhancing the efficiency and reliability of rotating equipment. The company operates in various industries including automotive, aerospace, and industrial manufacturing, providing innovative solutions that drive performance and sustainability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SKFBSS 0.25% 2031-02-15 EURSKF AB | Sweden | 2031-02-15 | 0.250 | 1.93 |
| SKFBSS 0.88% 2029-11-15 EURSKF AB | Sweden | 2029-11-15 | 0.875 | 2.46 |
| SKFBSS 1.25% 2025-09-17 EURSKF AB | Sweden | 2025-09-17 | 1.250 | 0.00 |
| SKFBSS 3.13% 2028-09-14 EURSKF AB | Sweden | 2028-09-14 | 3.125 | 2.75 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
SKF has a robust history in bond issuance, having first entered the bond market in the late 1990s. In recent years, significant issuances have included green bonds aimed at financing sustainability projects, reflecting the company’s commitment to environmental responsibility. Current bond yields are competitive within the industrial sector, and SKF’s recent issuance of €500 million in 10-year bonds in early 2023 garnered strong investor interest. The company’s bonds are viewed for their stability, bolstered by consistent cash flow from its diverse portfolio, and recent news indicates a strategic focus on further enhancing shareholder value through disciplined capital management.