
ABB Finance Inc., founded in 2001 and headquartered in Zurich, Switzerland, serves as a pivotal financial subsidiary of the ABB Group, focusing on providing tailored financing solutions to support the company's diverse operations worldwide. The firm specializes in leasing and financing options for industrial equipment, catering primarily to the energy, automation, and robotics sectors.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ABBNVX 4.38% 2042-05-08 USDABB FINANCE INC | United States | 2042-05-08 | 4.375 | 5.30 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
ABB Finance Inc. began its bond issuance program in 2015, positioning itself as a key player in corporate financing through debt instruments. Notable issuances include a €500 million bond in 2020, which was well-received amidst a backdrop of low-interest rates, reflecting strong investor confidence in ABB's robust financial health. As of now, ABB Finance’s bonds yield approximately 2.5%, competitive within the industry, especially given their strong credit rating and solid backing from the parent ABB Group, which continues to enhance market trust in its financial products.