Tenneco Corporation - 1960's-70's dated Automotive Bond
Inv# GB5088 Bond
Various Denominations. Modernistic female holding a globe, buildings, etc. Ornate. American Bank Note Co. Available in Blue, Purple, Red or Olive. Please specify color.
Tenneco is a multinational corporation operating 93 manufacturing facilities across 26 countries on six continents, with key operations in the Americas, Europe, India, and Asia. In North America, its facilities are located in Arkansas, Alabama, Illinois, Indiana, Michigan, Missouri, Nebraska, Tennessee, Ohio, and Cambridge, Ontario, Canada, with corporate headquarters in Northville, Michigan. In Europe, Tenneco's operations are in Belgium, Poland, the Czech Republic, Germany, the UK, France, Spain, and Portugal, with European headquarters in Belgium. Its Asian operations span India, China, Singapore, and Japan, while its African presence includes a facility in Port Elizabeth, South Africa.
Originally founded as Tennessee Gas Transmission Company, Tenneco, Inc. (formerly Tenneco Automotive) is a global leader in automotive components, manufacturing original equipment and aftermarket ride control and emissions products. A Fortune 500 company, it was publicly traded on the New York Stock Exchange from November 1999 until November 2022, when it was taken private by Apollo Global Management. The company's global headquarters remains in Northville, Michigan.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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