Bond Fordon Motors 4.25% ( US345370CN85 ) in USD
Issuer | Fordon Motors | ||
Market price | 100 % ⇌ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 4.25% per year ( payment 2 times a year) | ||
Maturity | 15/11/2016 - Bond has expired | ||
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Minimal amount | 1 000 USD | ||
Total amount | 2 500 000 000 USD | ||
Cusip | 345370CN8 | ||
Standard & Poor's ( S&P ) rating | BBB- ( Lower medium grade - Investment-grade ) | ||
Moody's rating | Baa3 ( Lower medium grade - Investment-grade ) | ||
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. An analysis of a specific fixed-income instrument reveals details concerning a bond issued by Ford Motor Company, identified by ISIN US345370CN85 and CUSIP 345370CN8, an internationally recognized American multinational automobile manufacturer known for its significant role in designing, manufacturing, marketing, and servicing a comprehensive range of Ford-branded cars, trucks, SUVs, and electrified vehicles, as well as Lincoln luxury vehicles. This U.S.-issued obligation, denominated in USD, originally carried a coupon rate of 4.25% and was available for a minimum purchase of $1,000 at its par value of 100%, with the total issuance size amounting to $2,500,000,000, and interest payments occurring semi-annually; it is important to note that this bond reached its maturity on November 15, 2016, and has since been fully redeemed, having received investment-grade credit ratings of BBB- from Standard & Poor's (S&P) and Baa3 from Moody's during its active period, indicative of the issuer's creditworthiness. |