Bond Equinox 1.95% ( US85771PAR38 ) in USD

Issuer	Equinox
Market price	100 % ⇌
Country	Norway
ISIN code	US85771PAR38 ( in USD )
Interest rate	1.95% per year ( payment 2 times a year)
Maturity	08/11/2018 - Bond has expired
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Minimal amount	1 000 USD
Total amount	750 000 000 USD
Cusip	85771PAR3
Detailed description	Equinor is an international energy company headquartered in Norway, engaged in exploration and production of oil and gas, renewable energy, and low-carbon solutions. An in-depth review of a specific fixed-income instrument details a bond issued by Equinor, the multinational energy company. Equinor, headquartered in Norway, stands as a prominent state-owned global energy conglomerate with extensive operations encompassing oil and gas exploration, production, and refining, alongside a growing portfolio in renewable energy projects, solidifying its pivotal role in the international energy sector. This particular bond, identified by its ISIN code US85771PAR38 and CUSIP code 85771PAR3, was denominated in U.S. Dollars (USD) and featured a coupon rate of 1.95%. The total issuance size for this debt instrument amounted to $750,000,000, with a minimum purchase increment for investors set at $1,000. Originating from Norway, the bond stipulated a payment frequency of two times per year, indicating semi-annual interest disbursements. The instrument reached its scheduled maturity on November 8, 2018, at which point it was fully redeemed by the issuer, with its market price at redemption recorded at 100% of its face value, signifying a successful repayment to all bondholders.