TSX:FTTTrade Distributors
Finning’s New CA$300 Million Bond Refinancing Might Change The Case For Investing In Finning International (TSX:FTT)
Finning International Inc. recently completed a CA$300,000,000 offering of 4.231% senior unsecured notes due August 12, 2031, while also reporting higher quarterly revenue but lower net income for the second quarter of 2026.
The company plans to use the bond proceeds to refinance its maturing 2.626% senior unsecured notes and fund general corporate purposes, signaling an active approach to managing its balance sheet alongside ongoing dividends and buybacks.
We’ll now examine how Finning’s...