Advanced Drainage Systems, Inc. 6.375% 15-JUN-2030Advanced Drainage Systems, Inc. 6.375% 15-JUN-2030Advanced Drainage Systems, Inc. 6.375% 15-JUN-2030

Advanced Drainage Systems, Inc. 6.375% 15-JUN-2030

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.38% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.79%
Maturity date
Jun 15, 2030
Term to maturity
5 years

About Advanced Drainage Systems, Inc. 6.375% 15-JUN-2030


Sector
Producer Manufacturing
Industry
Miscellaneous Manufacturing
Home page
Issue date
Jun 9, 2022
FIGI
BBG017Y44XS0
Advanced Drainage Systems, Inc. manufactures thermoplastic corrugated pipe, which provides a suite of water management products and drainage solutions for the construction and infrastructure marketplace. It operates through the following segments: Pipe, Infiltrator, International, and Allied Products & Other. The Pipe segment manufactures and markets thermoplastic corrugated pipe throughout the United States. The Infiltrator segment provides plastic leach field chambers and systems, septic tanks and accessories, primarily for use in residential applications. The International segment manufactures and markets pipe and allied products in regions outside of the United States. The Allied Products & Other segment is involved in manufacture and market products throughout the United States. Products include StormTech, Nyloplast, ARC Septic Chambers, Inserta Tee, water quality filters and structures, Fittings, and FleXstorm. The company was founded in 1966 and is headquartered in Hilliard, OH.
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