Empire Communities Corp, founded in 1993 and headquartered in Vaughan, Ontario, specializes in residential development, focusing on the construction of quality homes and communities across Canada and the United States. The company is recognized for its commitment to sustainable living and innovation in housing design, offering a range of properties including single-family homes, townhomes, and condominiums.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| EMPRCC 7.00% 2025-12-15 USDEmpire Communities Corp | United States | 2025-12-15 | 7.000 | 7.71 |
| EMPRCC 7.00% 2025-12-15 USDEmpire Communities Corp | United States | 2025-12-15 | 7.000 | 7.71 |
| EMPRCC 7.38% 2025-12-15 CADEmpire Communities Corp | United States | 2025-12-15 | 7.375 | 6.44 |
| EMPRCC 7.63% 2029-11-01 CADEmpire Communities Corp | United States | 2029-11-01 | 7.625 | 8.21 |
| EMPRCC 7.63% 2029-11-01 CADEmpire Communities Corp | United States | 2029-11-01 | 7.625 | 8.21 |
| EMPRCC 9.75% 2029-05-01 USDEmpire Communities Corp | United States | 2029-05-01 | 9.750 | 8.79 |
| EMPRCC 9.75% 2029-05-01 USDEmpire Communities Corp | United States | 2029-05-01 | 9.750 | 8.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Empire Communities has strategically accessed the bond market to accelerate its growth, with its first bond issuance dating back to 2014. Notably, in 2021, the company executed a significant CAD 300 million bond offering to fund various development projects, featuring a 3.5% coupon rate. As of Q3 2023, their current bond yields remain competitive within the industry, reflecting investor confidence amid favorable market conditions. Recent news highlighted Empire's plans to expand its product offerings, which may lead to additional bond issuances in the coming years.