Union Carbide Corporation, founded in 1917 and headquartered in Danbury, Connecticut, is a global leader in the chemicals and materials industry, primarily focusing on the production and development of specialty chemicals, petrochemicals, and advanced materials. The company's diverse product portfolio includes chemicals for various applications, such as personal care, agriculture, and automotive industries, highlighting its commitment to innovation and sustainability.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DOW 6.79% 2025-06-01 USDUnion Carbide Corp. | United States | 2025-06-01 | 6.790 | 11.26 |
| DOW 7.50% 2025-06-01 USDUnion Carbide Corp. | United States | 2025-06-01 | 7.500 | 11.26 |
| DOW 7.75% 2096-10-01 USDUnion Carbide Corp. | United States | 2096-10-01 | 7.750 | 6.77 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Union Carbide has a notable history of bond issuances, having first entered the bond market in the mid-20th century to support its expansion initiatives. One significant issuance was in 1997, when the company issued $500 million in bonds to finance strategic acquisitions and enhance its operational capabilities. As of October 2023, Union Carbide's bonds are yielding approximately 4.5%, competitive within the industry, making them an attractive option for investors. Additionally, the company's bonds come with features such as call options and different maturities, enhancing their appeal in fluctuating markets.