Acuity Brands Lighting Inc., founded in 2001 and headquartered in Atlanta, Georgia, is a leading provider of innovative lighting solutions designed to enhance spaces and improve energy efficiency. The company specializes in a wide range of products, including LED lighting, controls, and smart building technology that cater to residential, commercial, and industrial applications.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| AYI 2.15% 2030-12-15 USDAcuity Brands Lighting Inc. | United States | 2030-12-15 | 2.150 | 4.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Acuity Brands began issuing bonds in the mid-2000s as a means to support its growth and expansion initiatives. Notably, in 2015, the company executed a significant bond issuance worth $300 million, which was used to refinance existing debt and fund general corporate purposes. Acuity Brands' current bond yields are competitive within the industry, providing investors with attractive returns while reflecting the company's strong financial position. The firm’s bonds often feature call options, allowing them flexibility in managing their capital structure, which could be beneficial during changing interest rate environments.