Park-Ohio Industries Inc., founded in 1965 and headquartered in Cleveland, Ohio, is a diversified manufacturing and supply chain logistics company focused on providing engineered products and solutions. The company operates through two main segments: supply chain management and manufacturing, offering a wide range of products, including industrial-grade fasteners and components for various industries such as automotive, aerospace, and heavy equipment.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PKOH 6.63% 2027-04-15 USDPark-Ohio Industries Inc. | United States | 2027-04-15 | 6.625 | 6.30 |
| PKOH 6.63% 2027-04-15 USDPark-Ohio Industries Inc. | United States | 2027-04-15 | 6.625 | 6.30 |
| PKOH 6.63% 2027-04-15 USDPark-Ohio Industries Inc. | United States | 2027-04-15 | 6.625 | 6.30 |
| PKOH 6.63% 2027-04-15 USDPark-Ohio Industries Inc. | United States | 2027-04-15 | 6.625 | 6.30 |
| PKOH 8.50% 2030-08-01 USDPark-Ohio Industries Inc. | United States | 2030-08-01 | 8.500 | 7.69 |
| PKOH 8.50% 2030-08-01 USDPark-Ohio Industries Inc. | United States | 2030-08-01 | 8.500 | 7.63 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Park-Ohio has established a history of bond issuances to finance its operations and growth initiatives. The company began issuing bonds in the early 2000s, with notable issuances including a $150 million debt offering in 2016 used for acquisitions and capital expenditures. Currently, Park-Ohio’s bonds yield competitive rates compared to industry averages, reflecting the company’s strong credit profile. Recent news highlights a successful refinancing effort aimed at extending maturity profiles, which could potentially lower interest expenses and enhance operational flexibility.