Covestro AG, founded in 2015 and headquartered in Leverkusen, Germany, specializes in the production of high-performance polymer materials. The company is a leading supplier of innovative materials and solutions, primarily focused on sectors such as automotive, construction, electronics, and healthcare.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| COVEGR 0.88% 2026-02-03 EURCovestro AG | Germany | 2026-02-03 | 0.875 | 2.33 |
| COVEGR 1.38% 2030-06-12 EURCovestro AG | Germany | 2030-06-12 | 1.375 | 2.93 |
| COVEGR 4.75% 2028-11-15 EURCovestro AG | Germany | 2028-11-15 | 4.750 | 2.84 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Covestro has actively participated in the bond market since its inception, with its first bond issuance in 2017 valued at €500 million. Notable issuances include a €750 million green bond in 2019, aligning with its sustainability goals. As of October 2023, Covestro's bonds offer competitive yields in comparison to industry averages, reflecting investor confidence. The company has a strong commitment to sustainability, which is reflected in the structure of its bonds, including ESG-linked features.