Bond MAARS 3.95% ( USU57346AE59 ) in USD

Issuer	MAARS
Market price	86.375 % ⇌
Country	United States
ISIN code	USU57346AE59 ( in USD )
Interest rate	3.95% per year ( payment 2 times a year)
Maturity	31/03/2044
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Minimal amount	/
Total amount	/
Cusip	U57346AE5
Standard & Poor's ( S&P ) rating	A ( Upper medium grade - Investment-grade )
Next Coupon	01/10/2025 ( In 54 days )
Detailed description	Mars is a terrestrial planet with a thin atmosphere, exhibiting evidence of past liquid water and possessing polar ice caps composed primarily of water ice and carbon dioxide. An analysis of the fixed-income market highlights a specific long-term debt instrument issued by Mars, Incorporated, a privately held global powerhouse recognized for its vast portfolio encompassing confectionery, pet care, and food products. This particular bond, uniquely identified by the ISIN USU57346AE59 and CUSIP U57346AE5, originates from the United States and is denominated in U.S. Dollars (USD), firmly establishing its presence within the domestic and international debt landscape. It carries a fixed coupon rate of 3.95%, with interest payments disbursed to bondholders twice per year, signifying a semi-annual payment frequency. The obligation is set to mature on March 31, 2044, positioning it as a long-duration asset suitable for investors with a distant time horizon. As of its most recent market valuation, the bond is trading at 86.375% of its par value, indicating it is currently available at a discount, which consequently implies a yield to maturity higher than its stated coupon rate for new investors. Furthermore, this bond has received an 'A' rating from Standard & Poor's (S&P), a leading credit rating agency. This investment-grade classification underscores S&P's assessment of Mars, Incorporated's robust capacity to meet its financial commitments, reflecting the company's stable operations, extensive global footprint, and diversified revenue streams that underpin its creditworthiness. This combination of a globally recognized and financially sound issuer, a long-term maturity profile, and a solid investment-grade rating positions the USU57346AE59 bond as a significant consideration within fixed-income portfolios.