Vulcan Materials Company, founded in 1909 and headquartered in Birmingham, Alabama, is a leading producer of construction materials in the United States. The company primarily specializes in the production and supply of aggregates, asphalt, and ready-mixed concrete, serving a diverse range of infrastructure and construction projects across the country.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VMC 3.50% 2030-06-01 USDVulcan Materials Co | United States | 2030-06-01 | 3.500 | 4.28 |
| VMC 3.90% 2027-04-01 USDVulcan Materials Co | United States | 2027-04-01 | 3.900 | 4.04 |
| VMC 4.50% 2025-04-01 USDVulcan Materials Co | United States | 2025-04-01 | 4.500 | 0.00 |
| VMC 4.50% 2047-06-15 USDVulcan Materials Co | United States | 2047-06-15 | 4.500 | 5.63 |
| VMC 4.70% 2048-03-01 USDVulcan Materials Co | United States | 2048-03-01 | 4.700 | 5.54 |
| VMC 4.95% 2029-12-01 USDVulcan Materials Co | United States | 2029-12-01 | 4.950 | 4.18 |
| VMC 5.35% 2034-12-01 USDVulcan Materials Co | United States | 2034-12-01 | 5.350 | 4.86 |
| VMC 5.70% 2054-12-01 USDVulcan Materials Co | United States | 2054-12-01 | 5.700 | 5.69 |
| VMC 7.15% 2037-11-30 USDVulcan Materials Co | United States | 2037-11-30 | 7.150 | 5.58 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Vulcan Materials began issuing bonds in the early 1990s to finance its expansion and operational needs. Notably, in 2020, the company issued $500 million in senior notes with a yield that was competitive within the aggregate industry, reflecting investor confidence. With a focus on long-term growth, these bonds typically feature favorable maturities and call options, allowing Vulcan to manage refinancing risk effectively. Recent financial developments also indicate a strategic pivot, aiming to use bond proceeds for acquisitions and infrastructure investments, further positioning the company for sustained growth amidst evolving market conditions.