Bond Florida Gas Transit 3.875% ( USU33966AK51 ) in USD

Issuer Florida Gas Transit
Market price 100 %  ⇌ 
Country  United States
ISIN code  USU33966AK51 ( in USD )
Interest rate 3.875% per year ( payment 2 times a year)
Maturity 15/07/2022 - Bond has expired



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Minimal amount 100 USD
Total amount 300 000 000 USD
Cusip U33966AK5
Standard & Poor's ( S&P ) rating BBB+ ( Lower medium grade - Investment-grade )
Moody's rating N/A
Detailed description Florida Gas Transmission is a natural gas pipeline system operating in Florida, transporting natural gas from various sources to end-users throughout the state.

This financial instrument, specifically a bond identified by ISIN USU33966AK51 and CUSIP U33966AK5, was issued by Florida Gas Transmission, a significant natural gas pipeline operator in the United States that forms a critical part of the nation's energy infrastructure. Originating from the United States, this bond was denominated in USD and carried a fixed annual interest rate of 3.875%, with interest payments disbursed biannually. The total issuance size for this bond was 300,000,000 USD, with a minimum acquisition size set at 100 units. While its reported market price was 100% prior to its final settlement, it is important to note that this bond matured on July 15, 2022, and has since been fully redeemed, indicating the successful repayment of principal to bondholders. Furthermore, the instrument held a credit rating of BBB+ from the reputable agency Standard & Poor's, reflecting its perceived credit quality during its active life.