Broadcast Centre Trust, founded in 1991 and located in Toronto, Canada, serves as a key player in the Canadian media landscape with the objective of providing a diverse range of broadcasting services. The trust primarily focuses on the management and development of media-related assets, including radio and television broadcasting facilities, catering to the evolving needs of audiences.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BCT 7.53% 2027-05-01 CADBroadcast Centre Trust | United States | 2027-05-01 | 7.530 | 6.20 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
The trust began issuing bonds in 2001, enhancing its capital structure to support expansion initiatives. One notable issuance occurred in 2015, when it raised CAD 150 million through a ten-year bond, aimed at financing a major infrastructure upgrade. Currently, the trust's bonds yield approximately 4.5%, slightly above the industry average, reflecting their solid credit profile and investor confidence. Recent news highlighted the successful refinance of a significant tranche of debt, showcasing the trust's proactive approach to financial management and investor relations.