Bond Sobey's Inc. 5.79% ( CA83357ZAE75 ) in CAD

Issuer	Sobey's Inc.
Market price	100 % ▲
Country	Canada
ISIN code	CA83357ZAE75 ( in CAD )
Interest rate	5.79% per year ( payment 2 times a year)
Maturity	05/10/2036
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	/
Total amount	125 000 000 CAD
Cusip	83357ZAE7
Next Coupon	06/04/2026 ( In 2 days )
Detailed description	Sobeys Inc. is a Canadian grocery retailer operating various banners across the country, including Sobeys, Safeway, IGA, and others, offering food, pharmacy, and other retail services. Sobeys Inc., a key player in the Canadian food retailing landscape, has issued a notable fixed-income instrument detailed by its unique specifications. Sobeys Inc., a wholly-owned subsidiary of Empire Company Limited (TSX: EMP.A), stands as one of Canada's largest grocery and food distribution companies, operating an extensive network of over 1,500 stores across all ten provinces under banners such as Sobeys, Safeway, IGA, Foodland, Thrifty Foods, and FreshCo. This significant presence underscores the company's robust operational foundation and its integral role within the Canadian consumer staples sector. The bond in question, identified by ISIN CA83357ZAE75 and CUSIP 83357ZAE7, is a Canadian Dollar (CAD) denominated obligation with a total issue size of CAD 125,000,000. It offers a fixed annual interest rate of 5.79%, with investors receiving coupon payments semi-annually, indicated by a payment frequency of 2. The bond is currently trading at 100% of its par value on the market, reflecting that its current market price aligns with its face value. Its maturity date is set for October 5, 2036, providing a clear horizon for principal repayment for bondholders.