The J. M. Smucker Company, founded in 1897 and headquartered in Orrville, Ohio, is a leading manufacturer and marketer of consumer food products with a strong focus on delivering quality and value. The company is best known for its iconic brands, including Smucker's, Jif, and Folgers, offering a wide range of products such as fruit spreads, peanut butter, and coffee.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SJM 2.13% 2032-03-15 USDThe J. M. Smucker Company | United States | 2032-03-15 | 2.125 | 4.54 |
| SJM 2.38% 2030-03-15 USDThe J. M. Smucker Company | United States | 2030-03-15 | 2.375 | 4.18 |
| SJM 2.75% 2041-09-15 USDThe J. M. Smucker Company | United States | 2041-09-15 | 2.750 | 5.68 |
| SJM 3.38% 2027-12-15 USDThe J. M. Smucker Company | United States | 2027-12-15 | 3.375 | 3.96 |
| SJM 3.55% 2050-03-15 USDThe J. M. Smucker Company | United States | 2050-03-15 | 3.550 | 6.00 |
| SJM 5.90% 2028-11-15 USDThe J. M. Smucker Company | United States | 2028-11-15 | 5.900 | 4.02 |
| SJM 6.20% 2033-11-15 USDThe J. M. Smucker Company | United States | 2033-11-15 | 6.200 | 4.72 |
| SJM 6.50% 2043-11-15 USDThe J. M. Smucker Company | United States | 2043-11-15 | 6.500 | 5.57 |
| SJM 6.50% 2053-11-15 USDThe J. M. Smucker Company | United States | 2053-11-15 | 6.500 | 5.83 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The J. M. Smucker Company has actively participated in the bond market, with its first recorded bond issuance dating back to 1995. Notable recent issuances include a $500 million offering in 2021, which attracted significant investor interest given Smucker's stable cash flow and credit ratings. Currently, the company’s bond yields hover around 3.50%, which is competitive compared to the food industry average. The firm’s bonds typically feature callable options, allowing for potential refinancing in favorable market conditions, and recent financial news highlights their commitment to maintaining leverage as they explore strategic acquisitions.