
Textron Financial Corp, founded in 1956 and headquartered in Providence, Rhode Island, is a subsidiary of Textron Inc., dedicated to providing financial solutions primarily for the aviation, military, and industrial sectors. The company specializes in a variety of services, including equipment financing, aviation financing, and leasing for a diverse range of clients.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
TXT 6.34% 2067-02-15 USDTextron Financial Corp | United States | 2067-02-15 | 6.341 | 6.51 |
TXT 6.34% 2067-02-15 USDTextron Financial Corp | United States | 2067-02-15 | 6.341 | 6.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Textron Financial Corp first began issuing bonds in the late 1990s, contributing to its ability to leverage capital for growth and expansion. Notably, in 2008, the company issued a significant $300 million bond to support its operational financing, achieving competitive yields compared to industry standards. Today, Textron Financial's bonds often feature callable options, allowing them flexibility in managing debt, while current yields reflect a strong position within the market, bolstered by a robust backing from its parent corporation, Textron Inc.