Toro Company 7.8% 15-JUN-2027Toro Company 7.8% 15-JUN-2027Toro Company 7.8% 15-JUN-2027

Toro Company 7.8% 15-JUN-2027

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Key terms


Outstanding amount
‪100.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
7.80% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
4.90%
Maturity date
Jun 15, 2027
Term to maturity
2 years

About Toro Company 7.8% 15-JUN-2027


Sector
Producer Manufacturing
Industry
Trucks/Construction/Farm Machinery
Issue date
Jun 24, 1997
FIGI
BBG00004H822
The Toro Co. engages in the provision of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. It operates through the following segments: Professional, Residential, and Other. The Professional segment includes designing professional turf maintenance, landscape and lighting, rental, specialty, and underground construction, snow and ice management, and agricultural products. The Residential segment is involved in marketing and selling products to homeowners through a variety of distribution channels including outdoor power equipment distributors and dealers, mass retailers, hardware retailers, home centers, and online and direct to end-users. The Other segment focuses on its wholly owned domestic distribution company, certain corporate activities, and the elimination of intersegment revenues and expenses. The company was founded by John Samuel Clapper and Henry Clay McCartney on July 10, 1914 and is headquartered in Bloomington, MN.
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