Bond ACE INA Group 2.7% ( US00440EAP25 ) in USD
Issuer | ACE INA Group |
Market price | 100.022 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 2.7% per year ( payment 2 times a year) |
Maturity | 13/03/2023 - 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 USD |
Total amount | 475 000 000 USD |
Cusip | 00440EAP2 |
Detailed description |
ACE INA Holdings, now a subsidiary of Chubb Limited, was a global insurance and reinsurance company offering a wide range of commercial and personal lines products. This financial instrument, a bond identifiable by ISIN US00440EAP25 and CUSIP 00440EAP2, was issued in the United States by ACE INA Holdings, a key entity within the insurance sector historically affiliated with ACE Limited which subsequently merged to form Chubb Limited, a prominent global provider of insurance solutions; the USD-denominated obligation carried an annual interest rate of 2.7%, with semi-annual interest payments, forming a total issuance size of $475,000,000 and available for purchase in minimum increments of $1,000; despite its last reported market price of 100.022% of par, reflecting its value prior to redemption, this bond has now reached its scheduled maturity on March 13, 2023, and has been fully repaid to its bondholders. |