Français
ItalianoBond Authentic Parts 1.75% ( US372460AB11 ) in USD
| Issuer | Authentic Parts |
| Market price | 100 % ▲ |
| Country |  United States
|
| ISIN code |
 US372460AB11 ( in USD )
|
| Interest rate | 1.75% per year ( payment 2 times a year) |
| Maturity | 01/02/2025 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 2 000 USD |
| Total amount | 500 000 000 USD |
| Cusip | 372460AB1 |
| Standard & Poor's ( S&P ) rating | BBB ( Lower medium grade - Investment-grade ) |
| Moody's rating | Baa1 ( Lower medium grade - Investment-grade ) |
| Detailed description |
Genuine Parts Company is a global distributor of automotive parts, industrial parts, and office products, operating through various retail and wholesale channels. A recently matured fixed-income instrument issued by Genuine Parts Company, a globally diversified distributor of automotive replacement parts (primarily through its NAPA Auto Parts network) and industrial parts with a long-standing market presence in the United States and beyond, has been successfully redeemed at par, marking the full completion of its lifecycle. This specific bond, identified by ISIN US372460AB11 and CUSIP 372460AB1, was a U.S.-issued obligation featuring a fixed coupon rate of 1.75% paid semi-annually in USD, and it reached its maturity on February 1, 2025, at which point it was repaid at its 100% market price. The total issuance size for this particular bond was $500,000,000, with a minimum purchase size of $2,000, and throughout its tenure, it maintained investment-grade credit ratings of BBB from Standard & Poor's and Baa1 from Moody's, reflecting the issuer's consistent financial stability and creditworthiness. |