Sonoco Products Company, founded in 1899 and headquartered in Hartsville, South Carolina, specializes in diversified global packaging solutions. The company offers a wide range of products, including packaging for food, beverages, and consumer goods, along with protective packaging and industrial products.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SON 2.25% 2027-02-01 USDSonoco Products Co. | United States | 2027-02-01 | 2.250 | 3.92 |
| SON 2.85% 2032-02-01 USDSonoco Products Co. | United States | 2032-02-01 | 2.850 | 4.61 |
| SON 3.13% 2030-05-01 USDSonoco Products Co. | United States | 2030-05-01 | 3.125 | 4.37 |
| SON 4.60% 2029-09-01 USDSonoco Products Co. | United States | 2029-09-01 | 4.600 | 4.27 |
| SON 5.00% 2034-09-01 USDSonoco Products Co. | United States | 2034-09-01 | 5.000 | 5.02 |
| SON 5.75% 2040-11-01 USDSonoco Products Co. | United States | 2040-11-01 | 5.750 | 5.43 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sonoco began issuing bonds in the mid-1980s as part of its capital-raising strategies. A significant issuance occurred in 2020, when the company raised $300 million in senior notes, which were noted for favorable terms given market conditions at the time. Currently, Sonoco’s bond yields are competitive within the packaging industry, reflecting a stable credit profile and robust financial performance. The company’s bonds also feature a call provision, allowing for refinancing opportunities, which may appeal to investors seeking enhanced risk management.