ItalianoBond AXIA 8.6% ( US054536AA57 ) in USD
| Issuer | AXIA | ||
| Market price |  119.11 % ▼ |
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| Country |  France
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| ISIN code |
 US054536AA57 ( in USD )
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| Interest rate | 8.6% per year ( payment 2 times a year) | ||
| Maturity | 14/12/2030 | ||
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| Minimal amount | 1 000 USD | ||
| Total amount | 1 250 000 000 USD | ||
| Cusip | 054536AA5 | ||
| Standard & Poor's ( S&P ) rating | A- ( Upper medium grade - Investment-grade ) | ||
| Moody's rating | A2 ( Upper medium grade - Investment-grade ) | ||
| Next Coupon | 15/12/2025 ( In 90 days ) | ||
| Detailed description |
AXA is a French multinational insurance firm offering a wide range of financial and insurance products and services globally, including property and casualty insurance, health insurance, and life insurance. A fixed-income offering from AXA, the global insurance and asset management powerhouse headquartered in France, provides investors with an attractive opportunity within the debt market. This particular bond, identified by ISIN US054536AA57 and CUSIP 054536AA5, is denominated in U.S. Dollars and features a notable coupon rate of 8.6%. With a substantial total issue size of $1.25 billion, the security is currently trading at a premium in the market, quoted at 119.596% of its par value. The bond is accessible with a minimum purchase increment of $1,000, and it offers investors semi-annual interest payments until its maturity date of December 14, 2030. Reflecting AXA's strong financial standing and creditworthiness, the obligation has secured an A- rating from Standard & Poor's and an A2 rating from Moody's, positioning it as a stable and reputable investment instrument for portfolios seeking long-term income. |
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