Smithfield Foods, Inc., founded in 1936 and headquartered in Smithfield, Virginia, is a leading global food company specializing in processed meats. The company is a subsidiary of WH Group Limited and offers a diverse range of products, including fresh pork, packaged meats, and value-added products, focusing on innovation and quality.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SFD 2.63% 2031-09-13 USDSmithfield Foods, Inc. | United States | 2031-09-13 | 2.625 | 4.84 |
| SFD 2.63% 2031-09-13 USDSmithfield Foods, Inc. | United States | 2031-09-13 | 2.625 | 4.84 |
| SFD 3.00% 2030-10-15 USDSmithfield Foods, Inc. | United States | 2030-10-15 | 3.000 | 4.81 |
| SFD 3.00% 2030-10-15 USDSmithfield Foods, Inc. | United States | 2030-10-15 | 3.000 | 4.85 |
| SFD 4.25% 2027-02-01 USDSmithfield Foods, Inc. | United States | 2027-02-01 | 4.250 | 4.23 |
| SFD 4.25% 2027-02-01 USDSmithfield Foods, Inc. | United States | 2027-02-01 | 4.250 | 4.59 |
| SFD 5.20% 2029-04-01 USDSmithfield Foods, Inc. | United States | 2029-04-01 | 5.200 | 4.74 |
| SFD 5.20% 2029-04-01 USDSmithfield Foods, Inc. | United States | 2029-04-01 | 5.200 | 4.66 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Smithfield Foods has a history of active bond issuances, with its first offering in the late 1990s to finance expansion initiatives. Notably, in 2020, the company issued $600 million in senior notes to refinance existing debt and support operational needs, reflecting its robust credit profile. Currently, Smithfield's bonds yield around 3.5%, competitive within the food industry, and they feature attractive call options for enhanced liquidity. Recent news highlighted the company's efforts to maintain strong credit ratings amidst fluctuating market conditions, bolstering investor confidence in its financial stability.