Steas Funding 1 Designated Activity Company was established to facilitate funding solutions and is based in Ireland. The company primarily focuses on issuing asset-backed securities and bonds designed to meet the investment needs of retail and institutional investors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SOIAZ 7.23% 2026-03-17 USDSteas Funding 1 Designated Activity Company | Ireland | 2026-03-17 | 7.230 | 7.91 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Steas Funding 1 has engaged in successful bond issuances, with its first offering taking place in 2019. Notably, the company issued €500 million in bonds in 2021, aimed at refinancing previous debts and enhancing liquidity. Current yields on their bonds are competitive compared to the industry average, demonstrating strong demand and investor confidence. The company's bonds feature callable options, allowing for flexibility in management and enhancement of return profiles.