
Incitec Pivot, founded in 2003 and headquartered in Melbourne, Australia, is a prominent industrial chemicals and fertilizers company focused on serving the agriculture and mining sectors. The company's core offerings include ammonium nitrate, nitrophosphate fertilizers, and various explosives used in mining and construction.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
IPLAU 4.13% 2026-02-12 HKDIncitec Pivot | Australia | 2026-02-12 | 4.130 | 4.33 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Incitec Pivot commenced its bond issuance in 2014, aiming to diversify its funding strategies. Notably, in 2021, the company issued a $500 million bond with a maturity of seven years, providing investors a competitive yield compared to the industry average. The bonds are unsecured and rank equally with other senior debt, reflecting the company's strong credit profile and commitment to maintaining a robust capital structure. Recent market conditions have influenced bond yields, prompting investors to monitor Incitec's financial performance closely as it navigates challenges in the agricultural and resource sectors.