
UKG Inc, based in Lowell, Massachusetts, was founded in 2020 through the merger of Ultimate Software and Kronos, primarily focused on delivering workforce management and human capital management solutions. The company provides advanced technology tools for businesses looking to enhance employee experience and operational efficiency across various industries.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ULTI 6.88% 2031-02-01 USDUKG Inc | United States | 2031-02-01 | 6.875 | 6.09 |
ULTI 6.88% 2031-02-01 USDUKG Inc | United States | 2031-02-01 | 6.875 | 6.07 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its formation, UKG has entered the bond market to support its growth and strategic initiatives, including its inaugural bond issuance in 2021, which raised $1 billion to finance acquisitions and invest in product development. In 2023, UKG issued additional bonds totaling $500 million, gaining attention for their competitive yields that outperformed industry averages, alongside innovative features such as ESG-linked metrics for responsible investing. Recent news highlights UKG's continued commitment to sustainability and innovation, positioning the company as a forward-thinking entity in workforce solutions.