Titan International, Inc., founded in 1890 and headquartered in Quincy, Illinois, is a leading manufacturer of wheels, tires, and assemblies for off-highway vehicles. The company primarily serves markets such as agriculture, construction, and mining, providing high-quality products designed to enhance performance and durability in demanding environments.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TWI 7.00% 2028-04-30 USDTitan International, Inc. | United States | 2028-04-30 | 7.000 | 6.74 |
| TWI 7.00% 2028-04-30 USDTitan International, Inc. | United States | 2028-04-30 | 7.000 | 6.86 |
| TWI 7.00% 2028-04-30 USDTitan International, Inc. | United States | 2028-04-30 | 7.000 | 6.86 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Titan International began issuing bonds in the early 2000s, with significant milestones including a $250 million bond issuance in 2017 to finance strategic acquisitions. Currently, their bonds yield around 7.5%, which is competitive within the industry, reflecting strong demand and investor confidence. Notably, Titan's bonds have features such as callable options, allowing them flexibility to manage capital effectively. Recent news includes an upgrade from a credit rating agency, highlighting improved financial performance and lower debt levels, which bodes well for future bondholders.