
Synchrony Bank, founded in 2003 and headquartered in Draper, Utah, is a premier provider of consumer financial services, focusing on offering private label credit cards and consumer finance solutions. The bank serves millions of customers and partners with a diverse range of retailers, enhancing their purchasing capabilities through innovative financing options.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
SYF 5.40% 2025-08-22 USDSynchrony Bank | United States | 2025-08-22 | 5.400 | 0.00 |
SYF 5.63% 2027-08-23 USDSynchrony Bank | United States | 2027-08-23 | 5.625 | 4.34 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Synchrony Bank began issuing bonds in 2014, with its first major issuance being a $1 billion offering that established its footprint in the capital markets. Since then, the bank has delivered significant issuances, including a noteworthy $1.2 billion bond offering in 2020, featuring a ten-year maturity with attractive yields that outperformed industry averages. Current yields for Synchrony's bonds remain competitive, reflecting the issuer's strong credit profile and dependable performance, while also benefiting from favorable market conditions. The 2022 announcement regarding its strategic bond program further underscores its commitment to robust financing strategies.