Orange and Rockland Utilities, Inc., founded in 1899 and headquartered in Pearl River, New York, is a regulated utility company that serves approximately 300,000 customers in the Hudson Valley and northern New Jersey. The company's primary services include the distribution of electricity and natural gas, with a strong emphasis on reliable customer service and sustainable energy solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ED 4.95% 2045-07-01 USDOrange And Rockland Utilites Inc | United States | 2045-07-01 | 4.950 | 5.81 |
| ED 5.50% 2040-08-15 USDOrange And Rockland Utilites Inc | United States | 2040-08-15 | 5.500 | 5.69 |
| ED 6.50% 2027-12-01 USDOrange And Rockland Utilites Inc | United States | 2027-12-01 | 6.500 | 4.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Orange and Rockland has a notable history of bond issuances, having first entered the market in the 1970s to finance infrastructure improvements. Their significant bond offerings include a series of green bonds issued in 2020, aimed at supporting renewable energy projects, which garnered high demand and have since carried competitive yields compared to industry standards. Recent issues have included 10-year bonds with attractive features like call options, reflecting the company's strategy to maintain flexibility in financial management amidst evolving market conditions.