Leggett & Platt, Incorporated 3.5% 15-NOV-2051Leggett & Platt, Incorporated 3.5% 15-NOV-2051Leggett & Platt, Incorporated 3.5% 15-NOV-2051

Leggett & Platt, Incorporated 3.5% 15-NOV-2051

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LEG5303785 analysis



Key facts


Issue date
Nov 19, 2021
Maturity date
Nov 15, 2051
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.50% (Fixed)
Yield to maturity
5.86%
Leggett & Platt, Inc. engages in the manufacture and distribution of furniture and engineered components and products among homes, offices, automobiles, and commercial aircraft. It operates through the following segments: Bedding Products, Specialized Products, and Furniture, Flooring & Textile Products. The Bedding Products segment supplies products and components for the home, including mattress springs and specialty foam, as well as adjustable beds, bedding machinery, steel rod, and drawn wire. The Specialized Products segment supplies titanium, nickel, and stainless-steel tubing for the aerospace industry, and serves the construction market with its hydraulic cylinders group. The Flooring, Furniture & Textile Products segment produces an extensive line of components and engineered systems for office, residential, and contract furniture manufacturers. The company was founded by J. P. Products and C. B. Platt in 1883 and is headquartered in Carthage, MO.
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