Bestfoods, founded in 1998 and headquartered in Chicago, Illinois, is a leading provider of high-quality food products, specializing in condiments and meal solutions. The company is known for its wide range of well-recognized brands, including sauces, dressings, and spreads that cater to both consumer and food service sectors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UNANA 5.60% 2097-10-15 USDBestfoods | United States | 2097-10-15 | 5.600 | 6.47 |
| UNANA 6.63% 2028-04-15 USDBestfoods | United States | 2028-04-15 | 6.625 | 3.76 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Bestfoods began issuing bonds in 2005, leveraging capital markets to support its growth strategy. Notably, in 2017, the company issued $500 million in 10-year bonds with a competitive yield that attracted strong market interest, reflecting favorable credit ratings. As of October 2023, Bestfoods' bonds yield approximately 4.2%, positioning them well within the industry average and demonstrating robust demand amid long-term growth objectives. Recent news highlighted the company's plan to refinance existing debt through new issuances, enhancing its bond portfolio's resilience and maintaining investor confidence.