Conoco Funding Company, a subsidiary of ConocoPhillips, was founded to facilitate funding solutions for its parent company and is headquartered in Houston, Texas. The company specializes in issuing debt securities to support a range of energy-related operations and initiatives, aiming to enhance financial flexibility and operational efficiency.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| COP 7.25% 2031-10-15 USDConoco Funding Company | United States | 2031-10-15 | 7.250 | 4.38 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Conoco Funding Company has been a crucial player in the bond market, launching its first bond issuance in the early 2000s. Notably, in 2021, they completed a significant issuance of $1 billion in green bonds to fund sustainable projects, reflecting a commitment to environmental responsibility. Current yields on their bonds remain competitive within the industry as of 2023, with features like callable options offering additional investment flexibility. Recent news indicates a strategic pivot towards integrating ESG criteria in their funding activities, which could influence future bond offerings.