Alta Equipment Group Inc. 9.0% 01-JUN-2029Alta Equipment Group Inc. 9.0% 01-JUN-2029Alta Equipment Group Inc. 9.0% 01-JUN-2029

Alta Equipment Group Inc. 9.0% 01-JUN-2029

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ALTG5816476 analysis



Key facts


Issue date
Jun 5, 2024
Maturity date
Jun 1, 2029
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
9.00% (Fixed)
Yield to maturity
10.74%
Alta Equipment Group, Inc. engages in the operation of equipment dealership platforms. It operates through the following segments: Material Handling, Construction Equipment, and Corporate. The Material Handling segment includes the sale, service, and rental of lift trucks and other material handling equipment in Michigan, Illinois, Indiana, and New York. The Construction Equipment segment focuses on the selling, servicing, and rental of construction equipment in Michigan, Illinois, and Florida. The Corporate segment retains various unallocated expense items at the general corporate level. The company was founded in 1984 and is headquartered Livonia, MI.
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