AutoCanada Inc, founded in 2006 and headquartered in Edmonton, Alberta, is a leading automotive dealership group in Canada that aims to enhance the car buying experience. The company specializes in the retail of new and used vehicles, alongside offering financing, service, and parts through its extensive network of dealerships across the country.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ACQCN 5.75% 2029-02-07 CADAutoCanada Inc | Canada | 2029-02-07 | 5.750 | 6.47 |
| ACQCN 5.75% 2029-02-07 CADAutoCanada Inc | Canada | 2029-02-07 | 5.750 | 6.47 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, AutoCanada Inc has strategically issued bonds to support its growth and financing needs. The company began its bond issuance program in 2017, with notable offerings including a $200 million senior unsecured debenture in 2020 that attracted significant investor interest and had a competitive yield compared to industry peers. Currently, AutoCanada's bond yields average around 5.5%, reflecting a strong market position despite fluctuating economic conditions. Recent news highlights the company’s intention to further diversify its debt instruments, illustrating its commitment to optimizing capital structure for growth.