
Crosslinx Transit Solution Group, founded in 2010 and headquartered in Toronto, Canada, is dedicated to the construction and operation of transit infrastructure, primarily focused on the development of the Eglinton Crosstown Light Rail Transit project. The company provides essential services including project management, engineering, and maintenance solutions that enhance regional connectivity and transit efficiency.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
CRSLNX 4.56% 2051-06-30 CADCrosslinx Transit Solution Group | Canada | 2051-06-30 | 4.555 | 5.99 |
CRSLNX 4.65% 2046-09-30 CADCrosslinx Transit Solution Group | Canada | 2046-09-30 | 4.651 | 5.26 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Crosslinx has issued bonds to finance its significant infrastructure projects, with its first notable bond issuance occurring in 2017. The company successfully issued $1 billion in bonds linked to the completion of the Eglinton Crosstown project, reflecting strong investor interest and market confidence. Currently, the yields on these bonds are competitive compared to industry standards, notably offering features such as tax-exempt status, which has attracted a variety of institutional investors. Recent news highlights a steady demand for their bond offerings, contributing to Crosslinx's robust financial standing amidst a growing transit sector.