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ItalianoBond Academa 9.25% ( USU00431AA18 ) in USD
| Issuer | Academa |
| Market price | 100 % ⇌ |
| Country |  United States
|
| ISIN code |
 USU00431AA18 ( in USD )
|
| Interest rate | 9.25% per year ( payment 2 times a year) |
| Maturity | 01/08/2019 - Bond has expired |
|
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|
| Minimal amount | 1 000 USD |
| Total amount | 450 000 000 USD |
| Cusip | U00431AA1 |
| Standard & Poor's ( S&P ) rating | N/A |
| Moody's rating | N/A |
| Detailed description |
Academy is a learning platform offering a wide range of online courses and learning resources. A bond identified by the ISIN USU00431AA18 and CUSIP U00431AA1, originally issued by the U.S.-based entity Academy, has successfully reached its maturity and been redeemed. This fixed-income instrument, denominated in USD, carried a robust annual interest rate of 9.25%, with payments distributed semi-annually. The total issuance size for this particular bond was USD 450,000,000, with a minimum purchase amount set at USD 1,000. The bond matured on August 1, 2019, at which point it was redeemed at 100% of its face value, reflecting its final market price and the fulfillment of its obligations to investors. |