Bond Mercedes-Benz Konzern 2.625% ( USU2339CDY13 ) in USD

Issuer	Mercedes-Benz Konzern
Market price	100 % ▼
Country	Germany
ISIN code	USU2339CDY13 ( in USD )
Interest rate	2.625% per year ( payment 2 times a year)
Maturity	10/03/2030
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Minimal amount	150 000 USD
Total amount	450 000 000 USD
Cusip	U2339CDY1
Standard & Poor's ( S&P ) rating	A- ( Upper medium grade - Investment-grade )
Moody's rating	N/A
Next Coupon	10/03/2026 ( In 29 days )
Detailed description	Mercedes-Benz Group AG is a German multinational automotive corporation that designs, manufactures, markets, and sells luxury vehicles and related services. Mercedes-Benz Group, the globally recognized German automotive conglomerate specializing in luxury vehicles and mobility services, has an outstanding USD-denominated bond (ISIN: USU2339CDY13; CUSIP: U2339CDY1) with a total issue size of $450,000,000, currently trading at 100% of par, which offers investors a 2.625% coupon rate paid semi-annually until its maturity on March 10, 2030, available for a minimum lot size of $150,000, and is rated A- by Standard & Poor's, underscoring the issuer's robust credit standing.