
Consolidated Natural Gas Co, founded in 1888 and headquartered in Pittsburgh, Pennsylvania, is a prominent player in the natural gas industry, focusing on the distribution and transportation of natural gas. The company offers a range of services including pipeline construction and operations, utility services, and natural gas marketing.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
D 6.80% 2027-12-15 USDConsolidated Natural Gas Co | United States | 2027-12-15 | 6.800 | 4.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Consolidated Natural Gas Co first issued bonds in the early 1990s to fund expansion and infrastructure development. Notably, their 2015 bond issuance totaling $500 million was aimed at refinancing existing debt and funding new projects, achieving a yield significantly lower than the industry average at the time. Currently, they offer bonds with features such as callable options, providing flexibility for investors. Recent news highlighted their strategic move to enhance liquidity through a new line of credit, positively impacting bond market perceptions.