Bond 407 Global 4.99% ( CA35085ZBB19 ) in CAD
Issuer | 407 Global |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 4.99% per year ( payment 1 time a year) |
Maturity | 16/06/2020 - 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 | 1 000 CAD |
Total amount | 300 000 000 CAD |
Cusip | 35085ZBB1 |
Detailed description |
407 International is a toll highway in Ontario, Canada, connecting Highway 401 to Highway 400. The CA35085ZBB19 bond (CUSIP: 35085ZBB1), a CAD-denominated debt instrument with a 4.99% annual coupon rate from an initial total issuance size of CAD 300,000,000, issued in Canada by 407 International, the privately-owned operator of the 108-kilometer Highway 407 ETR (Express Toll Route) in Ontario, successfully matured on June 16, 2020, having been trading at par and subsequently fully repaid to investors who had acquired it in minimum increments of CAD 1,000. |