Ritchie Bros. Holdings Inc, founded in 1958 and headquartered in Burnaby, Canada, is a global leader in asset management and auctioneering, specializing in industrial equipment. The company provides a wide range of services including live and online auctions, equipment appraisals, and financial services tailored to both buyers and sellers in the heavy equipment market.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RBACN 6.75% 2028-03-15 USDRitchie Bros. Holdings Inc | United States | 2028-03-15 | 6.750 | 5.62 |
| RBACN 6.75% 2028-03-15 USDRitchie Bros. Holdings Inc | United States | 2028-03-15 | 6.750 | 5.63 |
| RBACN 7.75% 2031-03-15 USDRitchie Bros. Holdings Inc | United States | 2031-03-15 | 7.750 | 6.60 |
| RBACN 7.75% 2031-03-15 USDRitchie Bros. Holdings Inc | United States | 2031-03-15 | 7.750 | 6.62 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ritchie Bros. began issuing bonds in 2006, with notable issuances including a $300 million senior unsecured note in 2013, which was part of the financing for strategic acquisitions. The company’s bonds currently have yields near the industry average, with recent issues featuring attractive coupon rates that appeal to institutional investors. In 2020, Ritchie Bros. successfully tapped into the bond market with a $400 million offering, aimed at enhancing liquidity amid market volatility, showcasing its solid credit profile and commitment to growth in a post-pandemic recovery landscape.