Texaco Capital Inc., founded in 1991 and headquartered in Houston, Texas, is a leading finance subsidiary of the multinational energy corporation, Chevron. The company specializes in providing financing solutions for energy-related projects and manages overall capital requirements across its business operations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CVX 8.63% 2031-11-15 USDTexaco Capital Inc. | United States | 2031-11-15 | 8.625 | 3.87 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Texaco Capital has been active in the bond market, issuing its first corporate bonds in 1993 to raise capital for expansion initiatives. Notable issuances include a series of notes in 2020, which not only financed green energy projects but also reached an impressive yield of 4.2%, outperforming industry benchmarks. As of October 2023, Texaco Capital continues to attract investor interest with unique features in its bonds, such as hybrid structures offering both fixed and variable interest rates, coupled with the continuing commitment to sustainable development.