Mohawk Industries, Inc., founded in 1878 and headquartered in Calhoun, Georgia, is a leading global manufacturer of flooring products. The company offers a wide range of products including carpets, ceramic tile, laminate, and hardwood flooring, catering to both residential and commercial markets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MHK 3.63% 2030-05-15 USDMohawk Industries, Inc. | United States | 2030-05-15 | 3.625 | 4.34 |
| MHK 5.85% 2028-09-18 USDMohawk Industries, Inc. | United States | 2028-09-18 | 5.850 | 4.17 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Mohawk has a history of actively managing its debt through bond issuances, starting in the early 2000s. Notably, in 2018, Mohawk issued $750 million in senior notes to refinance existing debt, reflecting its strategic financial management amidst evolving market conditions. As of late 2023, the company's bonds yield around 4.5%, which is competitive within the building materials industry, and they feature callable options allowing for early redemption under favorable terms. Recent market analysis indicates investor confidence in Mohawk’s creditworthiness, boosting demand for its bond offerings.