PACKAG.AMER 21/51PACKAG.AMER 21/51PACKAG.AMER 21/51

PACKAG.AMER 21/51

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Key terms


Outstanding amount
‪700.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.05% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.88%
Maturity date
Oct 1, 2051
Term to maturity
26 years

About PACKAG.AMER 21/51


Sector
Process Industries
Industry
Containers/Packaging
Issue date
Sep 21, 2021
Packaging Corporation of America engages in the production of container products. It operates through the following segments: Packaging, Paper, and Corporate and Other. The Packaging segment offers a variety of corrugated packaging products, such as conventional shipping containers. The Paper segment manufactures and sells a range of papers, including communication-based papers, and pressure sensitive papers. The Corporate and Other segment focuses on transportation assets, such as rail cars, and trucks. The company was founded in 1959 and is headquartered in Lake Forest, IL.
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