Steelcase Inc. 5.125% 18-JAN-2029Steelcase Inc. 5.125% 18-JAN-2029Steelcase Inc. 5.125% 18-JAN-2029

Steelcase Inc. 5.125% 18-JAN-2029

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SCS4788971 analysis



Key facts


Issue date
Jan 18, 2019
Maturity date
Jan 18, 2029
Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.13% (Fixed)
Yield to maturity
6.12%
Steelcase, Inc. engages in the manufacture and distribution of office environments. It operates through the following segments: Americas, EMEA, and Other. The Americas segment serves customers in the US, Canada, the Caribbean Islands, and Latin America through the Steelcase, AMQ, Coalesse, HALCON, Orangebox, Smith System, and Viccarbe brands. The EMEA segment provides service to customers in Europe, the Middle East, and Africa under the Steelcase, Coalesse, Orangebox and Viccarbe brands. The Other segment includes Asia Pacific and Designtex. The company was founded by Peter Martin Wege, Walter D. Idema, and David Hunting on March 14, 1912 and is headquartered in Grand Rapids, MI.
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