Bond GenDigit 6.75% ( US668771AK49 ) in USD

Issuer	GenDigit
Market price	100.406 % ▼
Country	United States
ISIN code	US668771AK49 ( in USD )
Interest rate	6.75% per year ( payment 2 times a year)
Maturity	30/09/2027
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Minimal amount	2 000 USD
Total amount	900 000 000 USD
Cusip	668771AK4
Standard & Poor's ( S&P ) rating	BB- ( Non-investment grade speculative )
Moody's rating	B1 ( Highly speculative )
Next Coupon	30/09/2026 ( In 85 days )
Detailed description	Gen Digital, formerly McAfee, is a cybersecurity company offering a range of products and services, including endpoint protection, threat intelligence, and data loss prevention solutions for consumers and businesses. An examination of the US668771AK49 bond issued by Gen Digital, a prominent global provider of consumer cyber safety solutions, digital protection services, and identity theft prevention products, reveals key characteristics for potential investors. This specific debt instrument, identified by its ISIN US668771AK49 and CUSIP 668771AK4, originates from the United States and is denominated in USD. Currently trading at 101.979% of its par value on the market, the bond offers a fixed annual interest rate of 6.75%, with interest payments disbursed semiannually (frequency 2) to bondholders. The total size of this particular issuance stands at $900,000,000, with a minimum acquisition threshold set at $2,000. Its maturity date is scheduled for September 30, 2027. Regarding creditworthiness, the bond holds a BB- rating from Standard & Poor's and a B1 rating from Moody's, indicating its position within the credit spectrum.