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Park-Ohio Industries, Inc. 6.625% 15-APR-2027

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Overview
Analysis

PKOH4482081 analysis



Key facts


Issuer
Park-Ohio Industries, Inc.
Issue date
Aug 11, 2017
Maturity date
Apr 15, 2027
Outstanding amount
‪348.83 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.63% (Fixed)
Yield to maturity
7.62%
Park-Ohio Industries, Inc. engages in the provision of supply chain management outsourcing services. It operates through the following segments: Supply Technologies, Assembly Components, and Engineered Products. The Supply Technologies segment offers Total Supply Management, a proactive solutions approach that manages the efficiencies of every aspect of supplying production parts and materials to its customers’ manufacturing floor, from strategic planning to program implementation. The Assembly Components segment manufactures products oriented towards fuel efficiency, reduced emission standards, and vehicle electrification. The Engineered Products segment designs and produces a broad range of highly-engineered products, including induction heating and melting systems, pipe threading systems, and forged and machined products. The company was founded on May 27, 1907 and is headquartered in Cleveland, OH.
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