Tosco Corp., founded in 1995 and headquartered in Houston, Texas, is a leading energy company focused on refining and distributing petroleum products. The company specializes in producing high-quality fuels, lubricants, and petrochemical products, serving a diverse range of retail and commercial customers across North America.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| COP 7.80% 2027-01-01 USDTosco Corp. | United States | 2027-01-01 | 7.800 | 4.48 |
| COP 7.90% 2047-01-01 USDTosco Corp. | United States | 2047-01-01 | 7.900 | 6.25 |
| COP 8.13% 2030-02-15 USDTosco Corp. | United States | 2030-02-15 | 8.125 | 4.24 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tosco Corp. began issuing bonds in 2000 to support its expansion initiatives. A notable issuance occurred in 2010, when the company raised $500 million to finance new refinery projects, attracting significant investor interest due to its competitive yield of 6% at the time, higher than the industry average. Currently, Tosco's bonds offer attractive yields, reflecting its solid credit rating and consistent operational performance, making them a compelling choice for fixed-income investors. Recently, the company announced plans to issue green bonds aimed at funding sustainable energy projects, further enhancing its growth strategy and appeal in the market.