Harman International Industries, Inc., founded in 1980 and headquartered in Stamford, Connecticut, is a leading global provider of connected car technology, lifestyle audio innovations, and enterprise automation solutions. The company specializes in designing and engineering connected products for automakers, consumers, and enterprises, with well-known brands such as JBL, Harman Kardon, and Lexicon under its umbrella.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HAR 4.15% 2025-05-15 USDHarman International Industries, Inc. | United States | 2025-05-15 | 4.150 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Harman has actively participated in the bond market since its early days, with significant issuances aimed at financing its expansion and acquisitions. Notably, in 2017, it issued $1 billion in senior notes to fund its acquisition by Samsung, reflecting its strategic shift towards integrated technology solutions. The current yield on Harman's bonds is competitive within the consumer electronics sector, often reflecting the company's strong credit position and commitment to innovation. Recently, Harman's bonds have shown resilience amid market fluctuations, highlighted by investor interest due to the company's robust performance in connected vehicle systems.