Bond AbbVie Inc. 2% ( US00287YAK55 ) in USD
Issuer | AbbVie Inc. | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 2% per year ( payment 2 times a year) | ||
Maturity | 06/11/2018 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 997 700 000 USD | ||
Cusip | 00287YAK5 | ||
Standard & Poor's ( S&P ) rating | N/A | ||
Moody's rating | N/A | ||
Detailed description |
AbbVie is a research-based biopharmaceutical company focused on developing and marketing innovative therapies in several key therapeutic areas including immunology, oncology, neuroscience, and ophthalmology. This financial article provides an overview of a specific debt instrument, identified by its ISIN US00287YAK55 and CUSIP 00287YAK5. The issuer of this bond was AbbVie, a prominent American biopharmaceutical company established in 2013 as a spin-off from Abbott Laboratories. AbbVie is globally recognized for its focus on discovering, developing, manufacturing, and selling pharmaceutical products, particularly in therapeutic areas such as immunology, oncology, neuroscience, and virology, establishing it as a key player in the global healthcare industry through significant research and development investments and a diversified product portfolio. Issued in the United States and denominated in USD, this bond featured an annual interest rate of 2%, with interest payments distributed semi-annually. The total size of this particular issuance amounted to $997,700,000, and it was available for purchase in minimum increments of $1,000. It is important to note that this bond reached its maturity date on November 6, 2018. Upon maturity, the obligation was successfully redeemed at 100% of its face value, indicating that all principal and due interest payments were disbursed to bondholders as scheduled, thereby concluding the lifecycle of this specific debt instrument. |