Noranda Inc., founded in 1960 and headquartered in Bonnybrook, Canada, is a leading provider of aluminum products and services, primarily serving the automotive and aerospace industries. The company is dedicated to innovation and sustainability, delivering high-quality materials that meet the evolving demands of its clients.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GLENLN 6.20% 2035-06-15 USDNoranda Inc. | Canada | 2035-06-15 | 6.200 | 5.25 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Noranda Inc. commenced its bond issuance in the early 2000s, establishing a reputation in the fixed-income market with significant issuances that support its operational expansions. Notably, the company issued a notable $200 million bond in 2018 to fund new manufacturing technologies, resulting in favorable yields compared to industry norms. As of late 2023, Noranda's bonds offer yields of approximately 4.5%, reflecting the company’s stable credit rating and investor confidence, further enhanced by its strategic focus on sustainable practices.