Tobu Railway Co. Ltd., founded in 1899 and headquartered in Tokyo, Japan, is a prominent railway operator that serves the Greater Tokyo Area, specializing in providing efficient transportation solutions. The company operates a network of railway lines, as well as associated services such as bus transportation, retail operations, and leisure facilities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TOBRAI 0.65% 2039-07-22 JPYTobu Railway Co. Ltd. | Japan | 2039-07-22 | 0.650 | 2.66 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tobu Railway has a strong history in the bond market, having first issued bonds in the early 2000s to finance its expansion projects. In 2021, it launched a significant issuance of 30-year bonds, attracting considerable investor interest due to their relatively attractive yields amid a low-interest-rate environment. Currently, Tobu's bonds feature options for early redemption, which have been appealing to investors looking for flexibility. Recent reports suggest that Tobu Railway's bond yields are competitive when compared to other regional transportation issuers, reflecting its stable financial position and continued growth in ridership.