Ashland LLC, founded in 1924 and headquartered in Wilmington, Delaware, is a global leader in specialty chemicals that enhance the quality of life through innovative products. The company provides a diverse range of services, including advanced adhesives, coatings, and additives for various industries such as construction, automotive, and healthcare.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ASH 3.38% 2031-09-01 USDAshland LLC | United States | 2031-09-01 | 3.375 | 5.61 |
| ASH 3.38% 2031-09-01 USDAshland LLC | United States | 2031-09-01 | 3.375 | 5.42 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ashland has a long history of bond issuance, first entering the market in 1985 with notable offerings aimed at financing expansion and operational needs. Recently, Ashland issued a 10-year bond in 2023, yielding approximately 4.5%, which is competitive within the specialty chemicals sector. This issuance was particularly significant as it followed the company's strategic acquisition of a key competitor, enhancing its market position. Furthermore, Ashland's bonds come with features such as call options, providing flexibility for future refinancing opportunities amidst fluctuating interest rates.