Bond Kraft Heinz Foods 5.2% ( US50077LAM81 ) in USD

Issuer Kraft Heinz Foods
Market price refresh price now   112.88 %  ▲ 
Country  United States
ISIN code  US50077LAM81 ( in USD )
Interest rate 5.2% per year ( payment 2 times a year)
Maturity 15/07/2045



Prospectus brochure of the bond Kraft Heinz Foods US50077LAM81 en USD 5.2%, maturity 15/07/2045


Minimal amount 2 000 USD
Total amount 1 999 670 000 USD
Cusip 50077LAM8
Standard & Poor's ( S&P ) rating BB+ ( Non-investment grade speculative )
Moody's rating Baa3 ( Lower medium grade - Investment-grade )
Next Coupon 15/01/2027 ( In 141 days )
Detailed description Kraft Heinz Company is a multinational food and beverage conglomerate producing a wide range of processed food products under various well-known brands including Kraft, Heinz, Oscar Mayer, Philadelphia, and Planters.

This financial article details a specific bond issuance by Kraft Heinz Foods, a leading American food and beverage company recognized globally for its extensive portfolio of iconic brands, including Heinz, Kraft, Oscar Mayer, and Maxwell House, underscoring its significant market presence and operational scale. The bond, identified by ISIN US50077LAM81 and CUSIP 50077LAM8, is currently trading at par, with a market price of 100%, and is denominated in United States Dollars (USD), offering investors an annual interest rate of 5.2%, disbursed semi-annually. This particular issuance has a substantial total size of $1,999,670,000, indicating a significant capital raise for the issuer, with a minimum investment accessible at $2,000 per purchase. As a long-term debt instrument, it carries a distant maturity date of July 15, 2045, positioning it as a long-duration asset within a fixed-income portfolio. From a credit perspective, the bond holds a BB+ rating from Standard & Poor's (S&P), which places it within the speculative or "high-yield" category, while Moody's has assigned a Baa3 rating, classifying it as the lowest rung of investment grade, thereby highlighting a notable divergence in credit assessment by the two major rating agencies and placing the security on the threshold of non-investment grade status.
DateClean price
07/08/2024100.00%
10/04/202492.97%
26/08/2023112.88%
02/08/2023112.88%
09/07/2023112.88%
15/06/2023112.88%
22/05/2023112.88%
28/04/2023112.88%
04/04/2023112.88%
11/03/2023112.88%
16/02/2023112.88%
24/01/2023112.88%
01/01/2023112.88%
09/12/2022112.88%
16/11/2022112.88%
24/10/2022112.88%
03/10/2022112.88%
12/09/2022112.88%
22/08/2022112.88%
01/08/2022112.88%
11/07/2022112.88%
20/06/2022112.88%
30/05/2022112.88%
09/05/2022112.88%
18/04/2022112.88%
28/03/2022112.88%
07/03/2022112.88%
14/02/2022112.88%