Patrick Industries, Inc., founded in 1959 and headquartered in Elkhart, Indiana, is a leading manufacturer and distributor of building and component products for the recreational vehicle, marine, and manufactured housing markets. The company offers a diverse range of products, including decorative and functional surfaces, cabinetry, and doors, catering to both original equipment manufacturers and the aftermarket.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PATK 4.75% 2029-05-01 USDPatrick Industries, Inc. | United States | 2029-05-01 | 4.750 | 5.20 |
| PATK 4.75% 2029-05-01 USDPatrick Industries, Inc. | United States | 2029-05-01 | 4.750 | 5.26 |
| PATK 6.38% 2032-11-01 USDPatrick Industries, Inc. | United States | 2032-11-01 | 6.375 | 6.03 |
| PATK 6.38% 2032-11-01 USDPatrick Industries, Inc. | United States | 2032-11-01 | 6.375 | 6.07 |
| PATK 7.50% 2027-10-15 USDPatrick Industries, Inc. | United States | 2027-10-15 | 7.500 | 43.07 |
| PATK 7.50% 2027-10-15 USDPatrick Industries, Inc. | United States | 2027-10-15 | 7.500 | 43.46 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Patrick Industries began issuing bonds in 2018 to support its growth initiatives, with notable issuances including a $150 million offering in 2020 aimed at refinancing existing debt. Recently, the company's bonds have shown competitive yields within the industry, and the firm has maintained a solid credit rating, reflecting its strong operational performance. In July 2023, Patrick successfully issued additional bonds with a unique feature allowing early redemption, which garnered positive market response amidst rising interest rates.