St. Marys Cement Inc, founded in 1912 and headquartered in Ontario, Canada, is a leading player in the North American construction materials industry. The company specializes in the production and distribution of cement and related products, catering to the diverse needs of the construction sector.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
St. Marys Cement Inc has a history of bond issuance dating back to the 1990s, with significant issuances aimed at funding expansion projects and modernizing facilities. Most recently, the company issued a $150 million bond in 2021, which featured a 20-year maturity with competitive yields compared to industry standards. This issuance was particularly notable for its green bond designation, reflecting the company’s commitment to sustainable practices. Current yields on their bonds remain favorable relative to peers, indicating a stable financial position amidst market fluctuations.