Sotheby’s, founded in 1744 and headquartered in New York City, is a renowned auction house specializing in art, antiques, and other valuables. The company serves both individual collectors and institutional clients, offering services such as auctions, private sales, and appraisals across a wide range of categories.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BID 4.88% 2025-12-15 USDSotheby`s | United States | 2025-12-15 | 4.875 | 4.77 |
| BID 4.88% 2025-12-15 USDSotheby`s | United States | 2025-12-15 | 4.875 | 4.77 |
| BID 5.88% 2029-06-01 USDSotheby`s | United States | 2029-06-01 | 5.875 | 7.00 |
| BID 5.88% 2029-06-01 USDSotheby`s | United States | 2029-06-01 | 5.875 | 7.03 |
| BID 7.38% 2027-10-15 USDSotheby`s | United States | 2027-10-15 | 7.375 | 7.74 |
| BID 7.38% 2027-10-15 USDSotheby`s | United States | 2027-10-15 | 7.375 | 7.75 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sotheby’s began issuing bonds in 2017 to diversify its financing options and support its growth strategy. A notable issuance occurred in 2020 when the company raised $200 million with a 5.75% senior note offering, aimed at enhancing liquidity amidst the impacts of the pandemic. Currently, Sotheby’s bond yields are competitive within the luxury goods sector, reflecting sustained investor confidence and strong brand equity, as the auction house continues to play a pivotal role in high-value transactions globally.