Westvaco Corp., founded in 1888 and headquartered in Richmond, Virginia, is a leading manufacturer of packaging and paper products, dedicated to providing sustainable solutions for its customers. The company specializes in producing high-quality paperboard, folding cartons, and other packaging systems, serving a diverse range of industries, including food, beverage, and personal care.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WRK 7.95% 2031-02-15 USDWestvaco Corp. | United States | 2031-02-15 | 7.950 | 4.47 |
| WRK 8.20% 2030-01-15 USDWestvaco Corp. | United States | 2030-01-15 | 8.200 | 4.37 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Westvaco first began issuing bonds in the early 1990s to support its expansion initiatives and capital investment projects. Notably, in 2010, Westvaco issued $300 million in senior unsecured notes, which garnered significant investor interest and demonstrated attractive yields compared to the industry average. Their bonds come with unique features such as a callable option after five years, allowing them flexibility in managing debt. Recent news indicates ongoing strong demand for their bonds, reflecting investor confidence in the company's solid market position and commitment to sustainability.