Bond AbbVie Inc. 3.75% ( US00287YBC21 ) in USD
Issuer | AbbVie Inc. | ||
Market price | 100 % ▲ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 3.75% per year ( payment 2 times a year) | ||
Maturity | 13/11/2023 - Bond has expired | ||
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Minimal amount | 2 000 USD | ||
Total amount | 1 250 000 000 USD | ||
Cusip | 00287YBC2 | ||
Standard & Poor's ( S&P ) rating | BBB+ ( Lower medium grade - Investment-grade ) | ||
Moody's rating | Baa2 ( Lower medium grade - Investment-grade ) | ||
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. AbbVie, a prominent United States-based pharmaceutical company, was the issuer of a specific fixed-income instrument, identified by ISIN US00287YBC21 and CUSIP 00287YBC2, which has since matured and been fully redeemed on November 13, 2023, at its par value of 100%. This USD-denominated bond carried an annual interest rate of 3.75% and was part of a significant issuance totaling $1,250,000,000, with a minimum purchase amount of $2,000 and interest payments occurring semi-annually. Throughout its lifecycle, the bond maintained investment-grade credit ratings of BBB+ from Standard & Poor's and Baa2 from Moody's. |