Français
ItalianoBond Foundry JV Holdco Bonds 6.25% ( US350930AD58 ) in USD
| Issuer | Foundry JV Holdco Bonds | ||||||||||
| Market price |  101.92 % ▼ |
||||||||||
| Country |  United States
|
||||||||||
| ISIN code |
 US350930AD58 ( in USD )
|
||||||||||
| Interest rate | 6.25% per year ( payment 2 times a year) | ||||||||||
| Maturity | 25/01/2035 | ||||||||||
|
Prospectus brochure in PDF format |
|||||||||||
| Minimal amount | / | ||||||||||
| Total amount | 1 200 000 000 USD | ||||||||||
| Cusip | 350930AD5 | ||||||||||
| Standard & Poor's ( S&P ) rating | BBB ( Lower medium grade - Investment-grade ) | ||||||||||
| Moody's rating | Baa1 ( Lower medium grade - Investment-grade ) | ||||||||||
| Next Coupon | 25/01/2027 ( In 111 days ) | ||||||||||
| Detailed description |
Foundry JV Holdco Bonds are debt securities issued by Foundry JV Holdco, a joint venture formed to finance the acquisition and operation of semiconductor fabrication facilities. The financial markets are closely observing the performance of the Foundry JV Holdco Bonds, a significant debt instrument identified by ISIN US350930AD58 and CUSIP 350930AD5. These bonds are issued by Foundry JV Holdco, a corporate entity established as a joint venture holding company, which typically holds and manages substantial assets or stakes in specific projects, often within industrial or infrastructure sectors, underpinning the revenue generation for its obligations. Originating from the United States, this particular bond issue boasts a substantial total nominal value of $1,200,000,000 (one billion two hundred million US dollars). It offers investors a fixed annual interest rate of 6.25%, with coupon payments scheduled semi-annually, providing a steady income stream. The bond is set to mature on January 25, 2035, offering a long-term investment horizon for holders. Currently, the bond is trading at 103.872% of its par value in USD on the market. This premium pricing suggests strong market demand, a favorable yield relative to prevailing market rates, or a combination of factors that indicate investor confidence or attractive initial terms. The credit quality of this issuance is affirmed by two major rating agencies: Standard & Poor's has assigned a 'BBB' rating, while Moody's has provided a 'Baa1' assessment. Both ratings place the bond squarely within the investment-grade category, implying a relatively low credit risk and a strong capacity for the issuer to meet its financial commitments, albeit with moderate credit risk under adverse economic conditions, aligning with the definitions for the lower tier of investment-grade securities. |
||||||||||
| |||||||||||