AAA

ACCORD FINANCIAL CORP 7% DEB SUB 31/01/2026

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ACD.DB analysis



Key facts


Issue date
Dec 18, 2018
Maturity date
Jan 31, 2026
Outstanding amount
‪19.56 M‬CAD
Face value
1,000.00CAD
Minimum denomination
1,000.00CAD
Coupon
10.00% (Variable)
Yield to maturity
11.77%
Accord Financial Corp. is a holding company, which engages in the provision of asset-based financial services to industrial and commercial enterprises. Its services include asset-based lending, lender financing, retail inventory financing, equipment financing, small business loans, media financing, and factoring. It operates through the Canada and United States segments. The company was founded by Ken Hitzig in 1978 and is headquartered in Toronto, Canada.
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