Tutor Perini Corp is a leading construction company based in Sylmar, California, founded in 1894. The company specializes in a diverse range of construction services, including building, civil, and specialty contracting, serving clients across various sectors such as infrastructure, water, and energy.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TPC 11.88% 2029-04-30 USDTutor Perini Corp | United States | 2029-04-30 | 11.875 | 8.04 |
| TPC 11.88% 2029-04-30 USDTutor Perini Corp | United States | 2029-04-30 | 11.875 | 7.97 |
| TPC 6.88% 2025-05-01 USDTutor Perini Corp | United States | 2025-05-01 | 6.875 | — |
| TPC 6.88% 2025-05-01 USDTutor Perini Corp | United States | 2025-05-01 | 6.875 | — |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Tutor Perini has actively issued bonds to finance its operations and growth, starting in the 1990s. Notably, in 2020, the company issued $400 million in senior notes, which were reported to have a 4.875% interest rate, aligning with competitive yields in the construction industry. These bonds are significant for facilitating ongoing projects and strategic acquisitions, while maintaining a balance sheet conducive to further investment opportunities. Recent news indicates a focus on sustaining strong liquidity, enhancing their bond attractiveness amid market fluctuations.