Titan International, Inc. 7.0% 30-APR-2028Titan International, Inc. 7.0% 30-APR-2028Titan International, Inc. 7.0% 30-APR-2028

Titan International, Inc. 7.0% 30-APR-2028

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Key terms


Outstanding amount
‪399.13 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
7.00% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
7.23%
Maturity date
Apr 30, 2028
Term to maturity
3 years

About Titan International, Inc. 7.0% 30-APR-2028


Sector
Producer Manufacturing
Industry
Auto Parts: OEM
Issue date
Nov 2, 2021
FIGI
BBG012LTK8Q9
Titan International, Inc. is a holding company engaged in the manufacture of wheels, tires, and undercarriage industrial. It operates through the following segments: Agricultural, Earthmoving and Construction, and Consumer. The Agricultural segment manufactures rims, wheels, and tires for use in various agricultural and forestry equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment. The Earthmoving and Construction segment produces rims, wheels, and tires for various types of off-the-road earthmoving, mining, military and construction equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, and backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators. The Consumer segment manufactures truck tires in Latin America and light truck tires in Russia and offers select products for turf and golf cart applications. The company was founded by John A. Stillwell in 1890 and is headquartered in West Chicago, IL.
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