Cargotec Corporation, founded in 2003 and headquartered in Helsinki, Finland, is a global leader in cargo and load handling solutions. The company focuses on enhancing the efficiency and environmental sustainability of cargo operations through its innovative products and services, which include container handling equipment, cargo loading systems, and related software solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CARGOT 1.25% 2025-01-23 EURCargotec Corporation | Finland | 2025-01-23 | 1.250 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cargotec began issuing bonds in 2010 to support its growth strategy and enhance liquidity. Notable issuances include a €500 million bond in 2018 used for refinancing, reflecting the company's commitment to maintaining a robust capital structure. As of 2023, Cargotec's bonds offer competitive yields compared to industry peers, with a current yield of around 2.5%. In recent news, the company announced plans to issue a green bond in line with its sustainability goals, showcasing its commitment to environmental responsibility in finance.