Coherent Corp, headquartered in Santa Clara, California, was founded to deliver advanced photonics solutions that enhance productivity and performance across multiple industries. The company specializes in lasers, optics, and specialized equipment for markets such as industrial manufacturing, life sciences, and communications.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| IIVI 5.00% 2029-12-15 USDCoherent Corp | United States | 2029-12-15 | 5.000 | 5.32 |
| IIVI 5.00% 2029-12-15 USDCoherent Corp | United States | 2029-12-15 | 5.000 | 5.40 |
| IIVI 5.00% 2029-12-15 USDCoherent Corp | United States | 2029-12-15 | 5.000 | 5.43 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Coherent Corp first began issuing bonds in 2015, and since then, it has conducted several notable bond offerings to finance strategic growth initiatives. In 2021, the company completed a $500 million senior unsecured bond issuance, which garnered high demand, reflecting a competitive yield of 3.5% compared to its industry peers. Recent reports indicate that the firm has plans for further bond offerings as it aims to strengthen its balance sheet and fund acquisitions in the photonics sector.