Bond Kraft Heinz 5.2% ( US50077LAM81 ) in USD
| Issuer | Kraft Heinz | ||
| Market price | |||
| Country | United States
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| ISIN code |
US50077LAM81 ( in USD )
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| Interest rate | 5.2% per year ( payment 2 times a year) | ||
| Maturity | 15/07/2045 | ||
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| 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 | 15/07/2026 ( In 157 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. |
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