Bond Hewlett-Packard Inc. 2.75% ( US428236BY81 ) in USD
Issuer | Hewlett-Packard Inc. | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 2.75% per year ( payment 2 times a year) | ||
Maturity | 13/01/2019 - Bond has expired | ||
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Minimal amount | 2 000 USD | ||
Total amount | 1 250 000 000 USD | ||
Cusip | 428236BY8 | ||
Standard & Poor's ( S&P ) rating | N/A | ||
Moody's rating | N/A | ||
Detailed description |
HP Inc. is a multinational information technology company that develops and manufactures personal computing devices, printing and 3D printing systems, and related supplies and services. A comprehensive review of a recently matured debt instrument sheds light on the past financing activities of a major global technology company. This specific obligation, identified by the ISIN US428236BY81 and CUSIP 428236BY8, was issued by HP Inc., a renowned leader in personal computing, printing, and related services, headquartered in the United States. HP Inc.'s established market position and robust operational footprint, stemming from its foundational role in the technology sector, underscore its capacity as a corporate issuer in the fixed-income market, often appealing to investors seeking exposure to a stable, large-cap technology enterprise. The bond, denominated in US Dollars (USD), featured a fixed annual interest rate of 2.75% and represented a significant capital raise for the issuer, with a total issue size amounting to $1,250,000,000. Available at its market price of 100% of par, indicating issuance at face value, the security was structured for broad investor participation with a minimum purchase size set at $2,000. A defining characteristic of this debt was its semi-annual interest payment frequency, providing regular income streams to bondholders. The bond successfully reached its scheduled maturity date on January 13, 2019, and has since been fully redeemed, confirming the issuer's timely fulfillment of its financial obligations to bondholders and marking the successful completion of this particular debt issuance. |