Alcan Inc, founded in 1902 and headquartered in Montreal, Canada, is a leading provider of aluminum products and solutions for various industries. The company specializes in the production and transformation of aluminum, catering to sectors such as automotive, aerospace, and construction.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RIOLN 5.75% 2035-06-01 USDAlcan Inc | Canada | 2035-06-01 | 5.750 | 4.73 |
| RIOLN 6.13% 2033-12-15 USDAlcan Inc | Canada | 2033-12-15 | 6.125 | 4.67 |
| RIOLN 7.25% 2028-11-01 USDAlcan Inc | Canada | 2028-11-01 | 7.250 | 4.45 |
| RIOLN 7.25% 2031-03-15 USDAlcan Inc | Canada | 2031-03-15 | 7.250 | 4.01 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Alcan Inc first started issuing bonds in the 1970s as a means to finance its expansive growth and capital investments. Notably, in 2007, the company had a significant issuance of $1 billion in bonds to fund its acquisition by Rio Tinto, showcasing its strategic approach to expansion. Currently, Alcan's corporate bonds yield around 4.5%, which is competitive within the aluminum sector, reflecting investor confidence despite industry fluctuations. The bonds also feature callable options, allowing the company flexibility in managing its debt portfolio, and Alcan has recently indicated plans for further bond issuances to support sustainability initiatives.