
First Union Corp, founded in 1998 and based in Charlotte, North Carolina, serves as a prominent financial services provider with a focus on commercial banking and investment solutions. The company offers a range of products including loans, mortgages, wealth management, and transaction services that cater to both individual and business clients.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
WFC 6.55% 2035-10-15 USDFirst Union Corp | United States | 2035-10-15 | 6.550 | 5.13 |
WFC 7.50% 2035-04-15 USDFirst Union Corp | United States | 2035-04-15 | 7.500 | 5.03 |
WFC 7.57% 2026-08-01 USDFirst Union Corp | United States | 2026-08-01 | 7.574 | 4.05 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
First Union Corp began issuing bonds shortly after its inception, establishing a solid track record in the debt capital markets. Notably, the company issued a landmark $1 billion bond in 2003 to fund expansion initiatives, which attracted considerable investor interest due to its favorable yields relative to industry standards. Currently, First Union's bond offerings are characterized by their robust credit ratings and occasional callable features, positioning them as a reliable choice for conservative investors seeking stability in their fixed-income portfolios.