Bond Illinois Tool Works 3.5% ( US452308AT66 ) in USD

Issuer Illinois Tool Works
Market price 99.98 %  ▲ 
Country  United States
ISIN code  US452308AT66 ( in USD )
Interest rate 3.5% per year ( payment 2 times a year)
Maturity 01/03/2024 - Bond has expired



Prospectus brochure in PDF format

Minimal amount 2 000 USD
Total amount 700 000 000 USD
Cusip 452308AT6
Detailed description Illinois Tool Works (ITW) is a diversified industrial manufacturer of specialized components and consumables, serving diverse markets globally through a decentralized, entrepreneurial business model.

This financial article examines the characteristics and successful maturity of a specific bond (obligation) issued by Illinois Tool Works (ITW), a globally diversified manufacturer of industrial products and equipment headquartered in the United States; this particular USD-denominated instrument, identified by ISIN US452308AT66 and CUSIP 452308AT6, was part of a $700,000,000 total issue, carrying a 3.5% coupon rate paid semi-annually, and featured a minimum purchase size of $2,000; crucially, this bond reached its maturity date on March 1, 2024, and has since been fully repaid, having concluded its active trading period at a final reported market price of 99.98%.
DateClean price
23/12/202499.98%