Bond Daimler Finance Canada 1.75% ( XS1330975548 ) in GBP

Issuer	Daimler Finance Canada
Market price	100 % ⇌
Country	Germany
ISIN code	XS1330975548 ( in GBP )
Interest rate	1.75% per year ( payment 1 time a year)
Maturity	08/11/2017 - Bond has expired
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Minimal amount	100 000 GBP
Total amount	100 000 000 GBP
Detailed description	Daimler Canada Finance provides financial products and services to support the sales of Daimler commercial vehicles in Canada, including financing and leasing options for Mercedes-Benz and Freightliner trucks, as well as related financial services for dealers and customers. Detailed analysis of the bond identified by ISIN XS1330975548 reveals its nature as a fixed-income security issued by Daimler Canada Finance, a significant financial entity operating as a subsidiary and financing arm of the then-Daimler AG (now Mercedes-Benz Group AG), one of the world's leading automotive manufacturers renowned for its Mercedes-Benz cars, trucks, and vans. This particular debt instrument, denominated in British Pounds (GBP), originated from Germany, reflecting the international scope of the issuer's funding activities. It featured a coupon rate of 1.75% paid annually, providing investors with a predictable income stream over its lifespan. The total value of this bond issuance was £100,000,000, with a specified minimum investment lot of £100,000, catering to institutional investors or high-net-worth individuals. Critically, this bond reached its scheduled maturity date on November 8, 2017, at which point it was fully redeemed at 100% of its nominal value, signifying the successful fulfillment of the issuer's financial commitment to its bondholders.