Bond BWM 1.85% ( USU09513GV50 ) in USD
Issuer | BWM |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 1.85% per year ( payment 2 times a year) |
Maturity | 14/09/2021 - Bond has expired |
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Minimal amount | 2 000 USD |
Total amount | 750 000 000 USD |
Cusip | U09513GV5 |
Standard & Poor's ( S&P ) rating | A ( Upper medium grade - Investment-grade ) |
Moody's rating | N/A |
Detailed description |
BMW, a German multinational company, manufactures automobiles, motorcycles, and engines, and provides financial services. A notable fixed-income instrument, ISIN USU09513GV50 (CUSIP U09513GV5), issued by BMW, the globally recognized German automotive manufacturer holding an 'A' credit rating from Standard & Poor's, was a USD-denominated bond with a total issuance size of $750,000,000, featuring a 1.85% interest rate paid semi-annually and a minimum lot size of $2,000, which was priced at 100% of its par value and successfully reached its maturity on September 14, 2021, having been fully repaid. |