Bond Michaels Companies 8.5% ( US59408QAB23 ) in USD

Issuer Michaels Companies
Market price refresh price now   100.00 %  ⇌ 
Country  United States
ISIN code  US59408QAB23 ( in USD )
Interest rate 8.5% per year ( payment 2 times a year)
Maturity 15/03/2033



Prospectus brochure in PDF format

Minimal amount 2 000 USD
Total amount 2 000 000 000 USD
Cusip 59408QAB2
Standard & Poor's ( S&P ) rating B- ( Highly speculative )
Moody's rating B2 ( Highly speculative )
Next Coupon 15/09/2026 ( In 20 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 US59408QAB23, pays a coupon of 8.5% per year.
The coupons are paid 2 times per year and the Bond maturity is 15/03/2033

The Bond issued by Michaels Companies ( United States ) , in USD, with the ISIN code US59408QAB23, was rated B2 ( Highly speculative ) by Moody's credit rating agency.

The Bond issued by Michaels Companies ( United States ) , in USD, with the ISIN code US59408QAB23, was rated B- ( Highly speculative ) by Standard & Poor's ( S&P ) credit rating agency.
DateClean price
13/08/202699.50%
10/08/2026100.00%