
Motiva Enterprises LLC, founded in 1998 and headquartered in Port Arthur, Texas, is a leading refiner and marketer of petroleum products in the United States. The company primarily engages in refining crude oil into a variety of products, including gasoline, diesel fuel, and jet fuel, serving both commercial and retail markets.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MTVD 6.85% 2040-01-15 USDMotiva Enterprises LLC. | United States | 2040-01-15 | 6.850 | 5.77 |
MTVD 6.85% 2040-01-15 USDMotiva Enterprises LLC. | United States | 2040-01-15 | 6.850 | 5.77 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Motiva Enterprises has a noteworthy history of bond issuances, having first issued bonds in 2011 as a means to finance its operations and expansion. Significant issuances include the $1 billion offering in 2021, aimed at funding capital projects and operational enhancements. Currently, their bonds yield competitive rates compared to the industry average, with features such as callable options that provide flexibility for corporate financing strategies. Recent news highlights Motiva's commitment to sustainable practices, potentially influencing future bond offerings focused on environmental initiatives.