Bond Michaels Companies 11% ( US59408QAA40 ) in USD

Issuer Michaels Companies
Market price refresh price now   97.50 %  ▲ 
Country  United States
ISIN code  US59408QAA40 ( in USD )
Interest rate 11% per year ( payment 2 times a year)
Maturity 15/03/2034



Prospectus brochure in PDF format

Minimal amount 2 000 USD
Total amount 750 000 000 USD
Cusip 59408QAA4
Standard & Poor's ( S&P ) rating CCC ( Extremely speculative )
Moody's rating Caa1 ( Substantial risks )
Next Coupon 14/09/2026 ( In 19 days )
Detailed description The Michaels Companies, Inc. is a North American arts and crafts retailer operating a chain of stores under the Michaels brand, offering a wide variety of supplies for various creative pursuits.

The Bond issued by Michaels Companies ( United States ) , in USD, with the ISIN code US59408QAA40, pays a coupon of 11% per year.
The coupons are paid 2 times per year and the Bond maturity is 15/03/2034

The Bond issued by Michaels Companies ( United States ) , in USD, with the ISIN code US59408QAA40, was rated Caa1 ( Substantial risks ) by Moody's credit rating agency.

The Bond issued by Michaels Companies ( United States ) , in USD, with the ISIN code US59408QAA40, was rated CCC ( Extremely speculative ) by Standard & Poor's ( S&P ) credit rating agency.
DateClean price
23/07/202697.50%