Bond Fordon Motors 6.5% ( US345370BX76 ) in USD
| Issuer | Fordon Motors |
| Market price | 100 % ⇌ |
| Country | United States
|
| ISIN code |
US345370BX76 ( in USD )
|
| Interest rate | 6.5% per year ( payment 2 times a year) |
| Maturity | 01/08/2018 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 5 000 USD |
| Total amount | 500 000 000 USD |
| Cusip | 345370BX7 |
| Standard & Poor's ( S&P ) rating | NR |
| Moody's rating | NR |
| Detailed description |
Ford Motor Company is a multinational automaker and a major component in the global automotive industry, known for its diverse range of vehicles, from passenger cars and trucks to SUVs and electric vehicles, and a significant presence in both the American and international markets. This financial article details the specifics of a matured bond, identified by ISIN US345370BX76 and CUSIP 345370BX7, issued by Ford Motor Company, a leading American multinational automaker founded in 1903 and renowned for its global production of vehicles under the Ford and Lincoln brands. The United States-issued obligation, denominated in USD, carried a fixed annual interest rate of 6.5% paid semi-annually, with an original total issuance size of $500,000,000 and a minimum purchase size set at $5,000. Having reached its maturity date on August 1, 2018, the bond was fully redeemed at its par value of 100% of the principal, consistent with its status as a matured instrument, and notably, it held a "Not Rated" designation from both Standard & Poor's and Moody's agencies throughout its lifecycle. |
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