Bond GM Financial 3% ( US37045XAP15 ) in USD
Issuer | GM Financial |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 3% per year ( payment 2 times a year) |
Maturity | 25/09/2017 - Bond has expired |
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Minimal amount | 2 000 USD |
Total amount | 750 000 000 USD |
Cusip | 37045XAP1 |
Standard & Poor's ( S&P ) rating | BBB ( Lower medium grade - Investment-grade ) |
Moody's rating | Baa3 ( Lower medium grade - Investment-grade ) |
Detailed description |
General Motors Financial Company (GM Financial) is a wholly-owned subsidiary of General Motors that provides financing and insurance products for GM vehicles. This financial analysis details a specific bond identified by ISIN US37045XAP15 and CUSIP 37045XAP1, issued from the United States by General Motors Financial, the dedicated global automotive financial services subsidiary of General Motors, describing it as a USD-denominated instrument that carried a 3% interest rate, had an original total issue size of $750,000,000, featured a minimum purchase increment of $2,000, traded at 100% of its par value, and had a semi-annual payment frequency before its maturity and full redemption on September 25, 2017, having held investment-grade credit ratings of BBB from Standard & Poor's and Baa3 from Moody's. |