Bond Caterpillar Corp 2.668% ( US14913Q2M07 ) in USD
Issuer | Caterpillar Corp | ||
Market price | 100 % ▲ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 2.668% per year ( payment 4 times a year) | ||
Maturity | 14/05/2023 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 250 000 000 USD | ||
Cusip | 14913Q2M0 | ||
Standard & Poor's ( S&P ) rating | A ( Upper medium grade - Investment-grade ) | ||
Moody's rating | A3 ( Upper medium grade - Investment-grade ) | ||
Detailed description |
Caterpillar Inc. is a leading global manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. A detailed review of a specific debt instrument reveals the recent maturity of a bond issued by Caterpillar Inc., a prominent U.S.-based entity. This particular bond, identified by ISIN US14913Q2M07 and CUSIP 14913Q2M0, reached its maturity date on May 14, 2023, and has since been fully redeemed. Denominated in USD, the bond carried a coupon rate of 2.668%, with interest payments disbursed on a quarterly basis. The total size of this particular issuance amounted to $250,000,000, with a minimum purchase increment set at $1,000 for investors. Throughout its lifecycle, the bond maintained strong investment-grade credit ratings, with Standard & Poor's assigning an 'A' rating and Moody's rating it 'A3'. Prior to its maturity and repayment, the bond's market price was observed at par, reflecting its value at 100%. |