Bond HA Sustainable Infrastructure Holdings Inc 0% ( US41068XAD21 ) in USD

Issuer HA Sustainable Infrastructure Holdings Inc
Market price 98.5 %  ▼ 
Country  United States
ISIN code  US41068XAD21 ( in USD )
Interest rate 0%
Maturity 14/08/2023 - Bond has expired



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Minimal amount /
Total amount 125 000 000 USD
Cusip 41068XAD2
Detailed description HA Sustainable Infrastructure Capital Inc. is a publicly traded company focused on investing in and developing sustainable infrastructure projects across North America, prioritizing renewable energy, water infrastructure, and energy efficiency initiatives.

HA Sustainable Infrastructure Capital Inc., an entity whose very name suggests a strategic focus on financing vital sustainable infrastructure projects, recently saw one of its debt instruments reach full maturity and subsequent repayment, a common and expected outcome in the fixed income market for well-managed obligations. This specific bond, identified by the ISIN US41068XAD21 and CUSIP 41068XAD2, was a USD-denominated offering issued out of the United States. With an original total issue size of $125,000,000, this particular security was notable for its 0% interest rate, classifying it as a zero-coupon bond, where investors typically purchase the instrument at a discount and realize their yield from the difference between the purchase price and the full principal amount received at its maturity. The bond's stated current market price prior to maturity was 98.5%, reflecting its valuation in the secondary market. Despite a reported payment frequency of two, characteristic of instruments with semi-annual coupon payments, the zero-percent interest rate inherently meant no periodic interest distributions were made, with the primary "payment" event being the full principal reimbursement to bondholders upon its maturity date of August 14, 2023. The successful repayment of this bond underscores its fulfillment of obligations to investors as it reached the end of its life cycle.