Tyco International Group, founded in 1960 and headquartered in Cork, Ireland, operates as a global leader in security and fire protection services, providing critical safety and security solutions to businesses and governments worldwide. The company offers a wide range of products and services, including electronic security systems, fire detection and suppression systems, and integrated security solutions tailored to meet diverse needs.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TEL 7.13% 2037-10-01 USDTyco International Group | Luxembourg | 2037-10-01 | 7.125 | 4.98 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tyco has a history of substantial bond issuances, with its first move into debt markets occurring in the early 2000s. Notably, in 2016, Tyco issued $1 billion in senior unsecured notes, utilized for debt refinancing and general corporate purposes, with yields competitive within the industry. Currently, the company benefits from favorable bond features, including call options and adjustable rates, enhancing its appeal in the fixed-income market amidst evolving interest rate landscapes. Recent developments indicate Tyco's commitment to maintaining strong credit ratings, balancing growth with prudent financial management.