Wajax Corp, founded in 1858 and headquartered in Toronto, Ontario, operates as a leading provider of industrial products and services across Canada. The company specializes in the sale and support of heavy equipment, power systems, and related aftermarket services that cater to various sectors, including construction, mining, and forestry.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WJXCN 6.00% 2025-01-15 CADWajax Corp | Canada | 2025-01-15 | 6.000 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Wajax Corp has issued bonds since the early 1990s, with notable issuances aimed at financing acquisitions and strategic growth initiatives. In recent years, the company issued a $150 million bond in 2020, which featured a 5-year term and an attractive yield compared to industry averages. This issuance aimed to strengthen its balance sheet while funding operational improvements. As of October 2023, Wajax's bond yields remain competitive within the industrial sector, indicating strong investor confidence in the company's prospects amidst economic fluctuations.