Toro Company 6.625% 01-MAY-2037Toro Company 6.625% 01-MAY-2037Toro Company 6.625% 01-MAY-2037

Toro Company 6.625% 01-MAY-2037

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Key terms


Outstanding amount
‪125.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
6.63% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.23%
Maturity date
May 1, 2037
Term to maturity
12 years

About Toro Company 6.625% 01-MAY-2037


Sector
Producer Manufacturing
Industry
Trucks/Construction/Farm Machinery
Issue date
Apr 26, 2007
FIGI
BBG0000HL686
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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