Bond Air Canadien 9% ( CA008911BG38 ) in CAD
Issuer | Air Canadien |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 9% per year ( payment 1 time a year) |
Maturity | 22/06/2024 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 1 000 CAD |
Total amount | 840 000 000 CAD |
Cusip | 008911BG3 |
Detailed description |
Air Canada is Canada's largest airline, offering domestic and international flights to over 200 destinations worldwide. A financial instrument identified as a bond, with ISIN CA008911BG38 and CUSIP 008911BG3, recently concluded its lifecycle. This particular debt security was issued by Air Canada, the largest airline in Canada and its national flag carrier, a prominent player in the global aviation sector known for its extensive network and significant operational footprint. The bond, denominated in Canadian Dollars (CAD) and issued from Canada, featured a notable annual interest rate of 9% with an annual payment frequency. It represented a total issuance size of CAD 840,000,000, a substantial sum aimed at financing the issuer's operations and strategic objectives. The minimum purchase size for this bond was set at CAD 1,000. The instrument had a defined maturity date of June 22, 2024. On this precise date, the bond reached its full maturity and was subsequently redeemed by Air Canada, with its principal value repaid at 100% to bondholders, thereby completing its financial obligation and lifecycle as a fixed-income asset. |