Lear Corp., founded in 1917 and headquartered in Southfield, Michigan, is a global leader in automotive seating and electric power management solutions. The company specializes in designing and manufacturing innovative seating systems and advanced electrical distribution systems for various automotive manufacturers worldwide.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| LEA 2.60% 2032-01-15 USDLear Corp. | United States | 2032-01-15 | 2.600 | 4.84 |
| LEA 3.50% 2030-05-30 USDLear Corp. | United States | 2030-05-30 | 3.500 | 4.52 |
| LEA 3.55% 2052-01-15 USDLear Corp. | United States | 2052-01-15 | 3.550 | 6.20 |
| LEA 3.80% 2027-09-15 USDLear Corp. | United States | 2027-09-15 | 3.800 | 4.17 |
| LEA 4.25% 2029-05-15 USDLear Corp. | United States | 2029-05-15 | 4.250 | 4.42 |
| LEA 5.25% 2049-05-15 USDLear Corp. | United States | 2049-05-15 | 5.250 | 6.22 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Lear Corp. commenced its bond issuance strategy in the mid-1990s and has since established a notable presence in the bond market. One of its significant bond offerings occurred in 2020, where it issued $1 billion in senior unsecured notes, which helped enhance its liquidity during challenging market conditions. Current yields on Lear bonds reflect competitive positioning within the automotive sector, aligning closely with industry averages while providing investors with opportunities for income amid rising interest rates. Recent news includes the company's ongoing efforts to reduce debt through strategic bond repurchases, reflecting a commitment to maintaining financial stability in a dynamic landscape.