Bond Worldwide Associates 6.875% ( US37954FAJ30 ) in USD

Issuer	Worldwide Associates
Market price	100 % ▲
Country	United States
ISIN code	US37954FAJ30 ( in USD )
Interest rate	6.875% per year ( payment 2 times a year)
Maturity	15/01/2029
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Minimal amount	1 000 USD
Total amount	350 000 000 USD
Cusip	37954FAJ3
Standard & Poor's ( S&P ) rating	B+ ( Highly speculative )
Moody's rating	B2 ( Highly speculative )
Next Coupon	15/01/2026 ( In 166 days )
Detailed description	Global Partners LP is a publicly traded limited partnership that operates in the energy industry, primarily focused on the distribution and marketing of refined petroleum products in the Northeast United States. This financial article details a specific bond issuance by Global Partners, a prominent energy company operating across the United States, primarily involved in the distribution of gasoline, distillates, and other petroleum products. The bond, categorized as an obligation, is identified by the ISIN US37954FAJ30 and CUSIP 37954FAJ3, and was issued in the United States. Denominated in United States Dollars (USD), the bond is currently trading at 100% of its par value on the market. It offers a fixed annual interest rate of 6.875%, with interest payments made semi-annually. The total size of this particular bond issuance is $350,000,000, with a minimum purchase size set at $1,000, making it accessible to a range of investors. The bond has a maturity date of January 15, 2029. In terms of creditworthiness, the bond has received a B+ rating from Standard & Poor's (S&P) and a B2 rating from Moody's, both indicating a non-investment grade or speculative-grade classification, implying a higher level of credit risk for investors.