Citgo Petroleum Corporation, founded in 1910 and headquartered in Houston, Texas, is a major player in the refining and marketing of petroleum products in the United States. The company operates several refineries and markets a wide range of fuels, including gasoline, diesel, and jet fuel, catering to both retail and commercial customers across the nation.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CITPET 6.38% 2026-06-15 USDCitgo Petroleum Corporation | United States | 2026-06-15 | 6.375 | 6.32 |
| CITPET 6.38% 2026-06-15 USDCitgo Petroleum Corporation | United States | 2026-06-15 | 6.375 | 6.32 |
| CITPET 7.00% 2025-06-15 USDCitgo Petroleum Corporation | United States | 2025-06-15 | 7.000 | 6.23 |
| CITPET 7.00% 2025-06-15 USDCitgo Petroleum Corporation | United States | 2025-06-15 | 7.000 | 6.13 |
| CITPET 8.38% 2029-01-15 USDCitgo Petroleum Corporation | United States | 2029-01-15 | 8.375 | 6.77 |
| CITPET 8.38% 2029-01-15 USDCitgo Petroleum Corporation | United States | 2029-01-15 | 8.375 | 6.84 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Citgo has been an active issuer of bonds since the 1990s, with notable issuances including a $1 billion bond in 2018 to refinance existing debt and support operational needs. This issuance was significant as it marked a strategic move to strengthen its balance sheet amid fluctuating oil prices. Currently, Citgo's bond yields are competitive compared to industry standards, reflecting investor confidence, while recent news highlights ongoing discussions about potential restructuring options that could impact future capital raising efforts.