Park National Corp., founded in 1908 and headquartered in Newark, Ohio, operates as a bank holding company providing a broad range of financial services tailored to meet the needs of retail and commercial customers. The company offers products including consumer and commercial lending, wealth management, and various deposit accounts through its community banks and investment services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PRK 4.50% 2030-09-01 USDPark National Corp. | United States | 2030-09-01 | 4.500 | 7.76 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Park National Corp. began issuing bonds in the early 2000s, with significant offerings to support its growth and acquisitions. Notable recent issuances include a $100 million bond in 2021, demonstrating strong investor confidence with yields competitive within the sector. The company's bonds typically feature call options, adding flexibility for the issuer. As of late 2023, Park National’s bonds yield approximately 4.5%, positioning them attractively among regional bank peers while reflecting the company’s solid financial health and operational stability.