Cintas Corporation No. 2, a subsidiary of Cintas Corporation founded in 1968, is headquartered in Costa Mesa, California, and focuses on providing uniform rental services and workplace supplies. The company offers a wide range of products, including uniforms, mats, and facility services designed to enhance safety and improve company image.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CTAS 3.45% 2025-05-01 USDCintas Corporation No. 2 | United States | 2025-05-01 | 3.450 | 0.00 |
| CTAS 3.70% 2027-04-01 USDCintas Corporation No. 2 | United States | 2027-04-01 | 3.700 | 4.04 |
| CTAS 4.00% 2032-05-01 USDCintas Corporation No. 2 | United States | 2032-05-01 | 4.000 | 4.43 |
| CTAS 4.20% 2028-05-01 USDCintas Corporation No. 2 | United States | 2028-05-01 | 4.200 | 4.03 |
| CTAS 6.15% 2036-08-15 USDCintas Corporation No. 2 | United States | 2036-08-15 | 6.150 | 5.09 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cintas Corporation No. 2 has a history of proactive bond issuance, having first brought bonds to market in the late 1990s. Notably, the company raised $200 million in a senior note offering in 2016 to fund various growth initiatives and operational expenses. Currently, their corporate bonds yield around 3.5%, which remains competitive within the industry. The company's bonds often come with call options, allowing for early redemption and enhancing investor flexibility. Recently, Cintas Corporation No. 2 has maintained a stable credit rating, reflecting its solid operational performance and consistent demand for its services.