Bond 3AB OptiDev SAS 4.125% ( XS1577948687 ) in EUR
Issuer | 3AB OptiDev SAS |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 4.125% per year ( payment 4 times a year) |
Maturity | 01/10/2023 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 100 000 EUR |
Total amount | 165 000 000 EUR |
Detailed description |
3AB Optique Development S.A.S. is a French company specializing in the design, development, and manufacturing of advanced optical components and systems, primarily for applications in high-power lasers and other demanding optical environments. **Matured Debt Instrument: A Detailed Review of the 3AB Optique Development S.A.S. Bond (ISIN: XS1577948687)** This comprehensive financial review examines the characteristics and successful maturation of a debt instrument, specifically an obligation (bond), with the ISIN code XS1577948687, issued by 3AB Optique Development S.A.S. Based in France, 3AB Optique Development S.A.S. is an entity whose corporate name suggests a focus on the optical sector, potentially encompassing research, manufacturing, or distribution within this specialized industry. The bond, denominated in Euros (EUR), represented a significant capital raise for the issuer, with a total issuance size of EUR 165,000,000. It was designed to attract sophisticated investors, evidenced by a substantial minimum purchase size of EUR 100,000, which is typical for institutional-grade debt offerings. Throughout its lifecycle, the bond featured a fixed annual interest rate (coupon) of 4.125%, providing a consistent income stream to its holders. Coupon payments were structured to occur with a frequency of four times per year, translating to quarterly disbursements, which enhanced liquidity for investors. A key event in the bond's lifecycle was its maturity on October 1, 2023. At the point of its final market activity before redemption, the bond was trading at 100% of its par value, indicating a stable principal value for investors approaching the maturity date. Crucially, the bond has successfully reached its maturity and has been fully redeemed. This repayment signifies a successful conclusion for both the issuer, 3AB Optique Development S.A.S., in having effectively managed its debt obligations, and for the bondholders, who received their principal back along with all due interest payments as per the bond's terms. The full repayment underscores the issuer's creditworthiness and adherence to its financial commitments over the bond's tenure. |