Sobeys Inc. is a Canadian grocery retailer founded in 1907, headquartered in Stellarton, Nova Scotia. The company operates a network of supermarkets and food stores across Canada, providing a wide range of products including fresh produce, meats, and prepared meals.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| EMPACN 5.79% 2036-10-06 CADSobeys Inc | Canada | 2036-10-06 | 5.790 | 5.20 |
| EMPACN 6.06% 2035-10-29 CADSobeys Inc | Canada | 2035-10-29 | 6.060 | 5.18 |
| EMPACN 6.64% 2040-06-07 CADSobeys Inc | Canada | 2040-06-07 | 6.640 | 5.76 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Sobeys began issuing bonds in 1997 to support its expansion and refinancing efforts. Notably, in 2013, the company raised CAD 250 million through a 10-year bond offering, which was used for strategic acquisitions. As of October 2023, Sobeys' bond yields are competitive within the grocery retail sector, reflecting investor confidence in its operations and market position. The bonds also feature a strong credit rating, indicating financial stability, and the company has recently reiterated its commitment to maintaining a solid capital structure amid ongoing market changes.