Rinker Materials Corp, founded in 1914 and headquartered in Houston, Texas, is a leading provider of construction materials across the United States. The company specializes in producing ready-mix concrete, aggregates, and concrete products, serving both residential and commercial construction markets.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CEMEX 7.70% 2025-07-21 USDRinker Materials Corp | United States | 2025-07-21 | 7.700 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Rinker Materials first entered the bond market in 1997, issuing a series of corporate bonds to fund expansion initiatives. Notably, in 2020, the company issued $300 million in 10-year bonds with a yield of 4.5%, strategically positioned amidst favorable market conditions. Current bond yields remain competitive within the industry, reflecting the company's solid operational performance. In 2022, Rinker Materials received a BBB rating from a major credit agency, enhancing its market appeal, particularly among retail investors.