IBM is a multinational technology company offering consulting, cloud computing, and cognitive solutions, among other services and products.
This financial article details key characteristics of the bond with ISIN US459200GJ41 (CUSIP: 459200GJ4), issued by International Business Machines Corporation (IBM), a multinational technology and consulting company headquartered in Armonk, New York, and a global leader in hybrid cloud and AI. Issued in the United States, this fixed-income security, which carried a 5.7% annual interest rate paid semi-annually in USD, had a total issue size of $3,000,000,000, with a minimum purchase denomination set at $100,000. The bond reached its maturity date on September 14, 2017, and has since been fully redeemed, having traded at 100% of its face value on the market prior to its repayment, reflecting its strong credit profile as evidenced by an A+ rating from Standard & Poor's and an A1 rating from Moody's.
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