
Kontoor Brands Inc, founded in 2019 and headquartered in Greensboro, North Carolina, is a global leader in the apparel industry focused on designing and manufacturing iconic lifestyle brands. The company is best known for its flagship products, including Wrangler and Lee jeans, which have become synonymous with quality and durability in the denim market.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
KONBRA 4.13% 2029-11-15 USDKontoor Brands Inc | United States | 2029-11-15 | 4.125 | 5.50 |
KONBRA 4.13% 2029-11-15 USDKontoor Brands Inc | United States | 2029-11-15 | 4.125 | 5.29 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Kontoor Brands initiated its bond issuance strategy shortly after its formation, with their inaugural bond offering occurring in 2019. Since then, the company has issued several noteworthy bond series, including a $400 million senior unsecured offering used to refinance existing debt and support strategic initiatives. Currently, Kontoor's bonds typically yield around 4.5%, which is competitive within the consumer discretionary sector. Notably, their bonds feature callable options that provide flexibility in managing debt, and recent market trends indicate strong interest from retail investors looking for robust income opportunities amid rising interest rates.