Bond Novachem Corp 8.5% ( US66977WAT62 ) in USD

Issuer	Novachem Corp
Market price	100 % ▼
Country	Canada
ISIN code	US66977WAT62 ( in USD )
Interest rate	8.5% per year ( payment 2 times a year)
Maturity	14/11/2028
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Minimal amount	2 000 USD
Total amount	400 000 000 USD
Cusip	66977WAT6
Standard & Poor's ( S&P ) rating	BB+ ( Non-investment grade speculative )
Moody's rating	Ba1 ( Non-investment grade speculative )
Next Coupon	15/11/2025 ( In 18 days )
Detailed description	Nova Chemicals Corp. is a Canadian producer of polyethylene and other petrochemical products, operating globally with a focus on sustainability initiatives and advanced materials. The Bond issued by Novachem Corp ( Canada ) , in USD, with the ISIN code US66977WAT62, pays a coupon of 8.5% per year. The coupons are paid 2 times per year and the Bond maturity is 14/11/2028 The Bond issued by Novachem Corp ( Canada ) , in USD, with the ISIN code US66977WAT62, was rated Ba1 ( Non-investment grade speculative ) by Moody's credit rating agency. The Bond issued by Novachem Corp ( Canada ) , in USD, with the ISIN code US66977WAT62, was rated BB+ ( Non-investment grade speculative ) by Standard & Poor's ( S&P ) credit rating agency.