Cummins Inc., founded in 1919 and headquartered in Columbus, Indiana, is a global leader in the design, manufacturing, and distribution of engines and related technologies. The company’s mission is to provide high-performance, efficient, and environmentally friendly power solutions, including diesel and natural gas engines, power generation systems, and advanced filtration products.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CMI 0.75% 2025-09-01 USDCummins Inc. | United States | 2025-09-01 | 0.750 | 9.01 |
| CMI 1.50% 2030-09-01 USDCummins Inc. | United States | 2030-09-01 | 1.500 | 3.98 |
| CMI 2.60% 2050-09-01 USDCummins Inc. | United States | 2050-09-01 | 2.600 | 5.59 |
| CMI 4.25% 2028-05-09 USDCummins Inc. | United States | 2028-05-09 | 4.250 | 3.79 |
| CMI 4.70% 2031-02-15 USDCummins Inc. | United States | 2031-02-15 | 4.700 | 4.19 |
| CMI 4.88% 2043-10-01 USDCummins Inc. | United States | 2043-10-01 | 4.875 | 5.38 |
| CMI 4.90% 2029-02-20 USDCummins Inc. | United States | 2029-02-20 | 4.900 | 3.89 |
| CMI 5.15% 2034-02-20 USDCummins Inc. | United States | 2034-02-20 | 5.150 | 4.61 |
| CMI 5.30% 2035-05-09 USDCummins Inc. | United States | 2035-05-09 | 5.300 | 4.82 |
| CMI 5.45% 2054-02-20 USDCummins Inc. | United States | 2054-02-20 | 5.450 | 5.51 |
| CMI 5.65% 2098-03-01 USDCummins Inc. | United States | 2098-03-01 | 5.650 | 5.73 |
| CMI 6.75% 2027-02-15 USDCummins Inc. | United States | 2027-02-15 | 6.750 | 4.14 |
| CMI 7.13% 2028-03-01 USDCummins Inc. | United States | 2028-03-01 | 7.125 | 3.98 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cummins Inc. has a long history of bond issuances, with its first notable issuance occurring in the 1980s to support corporate expansion and innovation. More recently, in 2021, Cummins issued $500 million in senior notes, which were well-received by investors, reflecting strong demand and confidence in the company's creditworthiness. Current bond yields are competitive within the industrial sector, often featuring attractive terms that cater to both institutional and retail investors. Notably, in 2022, Cummins announced plans for a sustainable financing framework, allowing it to issue green bonds aimed at funding clean energy initiatives, furthering its commitment to environmental responsibility.