The National Gas Company of Trinidad and Tobago (NGC), founded in 1979 and headquartered in Point Lisas, Trinidad, serves as a crucial player in the energy sector of the Caribbean. NGC's primary purpose is to facilitate the processing, transportation, and distribution of natural gas, ensuring a steady supply to both local and international markets. Additionally, the company is involved in several downstream activities, including the production of natural gas liquids and other value-added products.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NGCTT 6.02% 2036-01-15 USDThe National Gas Company of Trinidad and Tobago | Trinidad and Tobago | 2036-01-15 | 6.020 | 7.05 |
| NGCTT 6.05% 2036-01-15 USDThe National Gas Company of Trinidad and Tobago | Trinidad and Tobago | 2036-01-15 | 6.050 | 7.05 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
NGC has a notable history of bond issuances, having launched its first bonds in the early 2000s to finance infrastructure development and expansion projects. The company notably issued a $250 million bond in 2018 to refinance existing debt and capital expenditures, reflecting robust demand amid favorable market conditions. Currently, NGC's bond yields are competitive within the industry, featuring attractive characteristics such as semiannual interest payments and investment-grade ratings. Recent news includes the company's plans to issue green bonds aimed at financing environmentally friendly initiatives, aligning with global sustainability trends.