Bond AstraZen PLC 0.7% ( US046353AV09 ) in USD
| Issuer | AstraZen PLC | ||
| Market price | |||
| Country | United Kingdom
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| ISIN code |
US046353AV09 ( in USD )
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| Interest rate | 0.7% per year ( payment 2 times a year) | ||
| Maturity | 07/04/2026 | ||
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| Minimal amount | 2 000 USD | ||
| Total amount | 1 200 000 000 USD | ||
| Cusip | 046353AV0 | ||
| Standard & Poor's ( S&P ) rating | BBB+ ( Lower medium grade - Investment-grade ) | ||
| Moody's rating | A3 ( Upper medium grade - Investment-grade ) | ||
| Next Coupon | 08/04/2026 ( In 60 days ) | ||
| Detailed description |
AstraZeneca PLC is a British-Swedish multinational pharmaceutical and biopharmaceutical company headquartered in Cambridge, UK, that researches, develops, manufactures, and markets drugs and vaccines worldwide. A detailed examination of the bond market reveals a significant offering from AstraZeneca PLC, a global, science-led biopharmaceutical company headquartered in Cambridge, United Kingdom, renowned for its research, development, and commercialization of prescription medicines, primarily in the areas of oncology, cardiovascular, renal & metabolism, and respiratory & immunology, with a strong commitment to innovation and global health, whose robust financial health and established market position underpin its creditworthiness. This particular debt instrument, identified by ISIN US046353AV09 and CUSIP 046353AV0, is a USD-denominated obligation carrying a coupon rate of 0.7%, indicating the fixed annual interest payment to bondholders, and is currently trading at par, reflecting a market price of 100% of its face value. With a maturity date set for April 7, 2026, the issue has a total size of $1,200,000,000, providing substantial liquidity, and investors can access this offering with a minimum purchase size of $2,000. Interest payments are structured with a frequency of two per year, implying semi-annual distributions to bondholders, and the creditworthiness of this issuance is further supported by robust investment-grade ratings from leading agencies: Standard & Poor's has assigned a 'BBB+' rating, while Moody's has rated it 'A3', both signaling a relatively low risk of default. |
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