Bond Herts 5.875% ( USU4047WAA19 ) in USD
Issuer | Herts |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 5.875% per year ( payment 2 times a year) - Bond is in default, payments are suspended |
Maturity | 15/10/2020 - Bond has expired |
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Minimal amount | 2 000 USD |
Total amount | 700 000 000 USD |
Cusip | U4047WAA1 |
Standard & Poor's ( S&P ) rating | N/A |
Moody's rating | N/A |
Detailed description |
Hertz is a global car rental company offering a wide range of vehicles for rent in numerous countries worldwide. Hertz's USU4047WAA19 5.875% bonds, a USD 700,000,000 issue maturing October 15, 2020, with a minimum trading size of 2,000 and a coupon payment frequency of 2, are currently trading at 100% of par value despite default and cessation of coupon payments. |