United Electric Securitization, founded in 1998 and headquartered in Wilmington, Delaware, specializes in providing innovative financial solutions for the energy sector. The company is primarily focused on securitization of electricity receivables, aiding utilities in optimizing their balance sheets while offering retail investors a variety of investment opportunities through structured finance products.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| UNIELC 5.32% 2045-06-01 USDUnited Electric Securitization | United States | 2045-06-01 | 5.316 | 4.97 |
| UNIELC 5.32% 2045-06-01 USDUnited Electric Securitization | United States | 2045-06-01 | 5.316 | 4.97 |
| UNIELC 5.52% 2052-12-01 USDUnited Electric Securitization | United States | 2052-12-01 | 5.516 | 5.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, United Electric Securitization has issued over $1.5 billion in bonds, with notable issuances including a $300 million bond in 2015 that restructured debt amidst market fluctuations. The company's current bonds are yielding approximately 3.5%, competitive with industry averages, while select tranches feature unique payment structures linked to energy consumption metrics. Recent news includes a successful bond issuance aimed at funding energy efficiency projects, reflecting a commitment to sustainable practices within the utility industry.