Toledo Edison Company, founded in 1895 and headquartered in Toledo, Ohio, is a subsidiary of FirstEnergy Corp. focused on providing reliable electric utility services to residential and commercial customers in its service area. The company is committed to delivering safe and efficient energy solutions while investing in infrastructure improvements and sustainability initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| FE 2.65% 2028-05-01 USDToledo Edison Company | United States | 2028-05-01 | 2.650 | 4.74 |
| FE 2.65% 2028-05-01 USDToledo Edison Company | United States | 2028-05-01 | 2.650 | 4.74 |
| FE 6.15% 2037-05-15 USDToledo Edison Company | United States | 2037-05-15 | 6.150 | 5.03 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Toledo Edison has been an active participant in the bond market since the 1990s, with significant issuances including a notable $300 million bond in 2017 to finance grid modernization efforts. The company typically maintains competitive yields compared to industry averages, with current yields around 4.5%, reflecting a stable credit rating. Recent news includes the issuance of green bonds in 2022 aimed at funding renewable energy projects, highlighting Toledo Edison's commitment to sustainability and clean energy initiatives.