Cameco Corp., founded in 1988 and headquartered in Saskatoon, Canada, is one of the world's largest uranium producers, committed to supplying the global nuclear energy sector. The company engages in uranium mining, refining, and marketing, offering essential fuel services that power nuclear reactors worldwide.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CCOCN 2.95% 2027-10-21 CADCameco Corp. | Canada | 2027-10-21 | 2.950 | 3.16 |
| CCOCN 5.09% 2042-11-14 CADCameco Corp. | Canada | 2042-11-14 | 5.090 | 5.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cameco began issuing bonds in the late 1990s, with notable issuances in 2016 and 2020 aimed at financing expansion projects. As of October 2023, their corporate bond yields range between 3.5% to 4.2%, compared to a 4.0% industry average, reflecting strong investor confidence amid a recovering market. In 2021, Cameco reported a successful upsizing of their credit facility, underscoring their solid financial foundation, and their bonds are often characterized by call options, enhancing flexibility for the issuer.