
Midas OpCo Holdings LLC, founded in 2020 and based in Dallas, Texas, operates with a focus on providing high-quality specialty retail services. The company specializes in manufacturing and distributing a wide range of consumer products, prominently featuring home improvement and automotive supplies.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
STGW 5.63% 2029-08-15 USDMidas OpCo Holdings LLC | United States | 2029-08-15 | 5.625 | 6.42 |
STGW 5.63% 2029-08-15 USDMidas OpCo Holdings LLC | United States | 2029-08-15 | 5.625 | 6.43 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Midas OpCo Holdings began issuing bonds in 2021, with their inaugural issuance garnering significant interest from retail investors due to favorable credit ratings. Notably, their 2023 bond issuance raised $500 million, aimed at funding expansion initiatives, with current yields averaging 4.75%, positioning them competitively against industry standards. In a significant development, the company secured a unique feature in their bonds allowing redemption after five years, which has attracted more conservative investors seeking liquidity. Recent market reports indicate strong demand for Midas bonds amid broader economic fluctuations.