Bond LevelThree Funding Inc. 4.25% ( USU52783AW41 ) in USD
| Issuer | LevelThree Funding Inc. |
| Market price | |
| Country | United States
|
| ISIN code |
USU52783AW41 ( in USD )
|
| Interest rate | 4.25% per year ( payment 2 times a year) |
| Maturity | 30/06/2028 |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 1 000 USD |
| Total amount | 1 200 000 000 USD |
| Cusip | U52783AW4 |
| Standard & Poor's ( S&P ) rating | B- ( Highly speculative ) |
| Moody's rating | N/A |
| Next Coupon | 01/01/2027 ( In 159 days ) |
| Detailed description |
Level 3 Financing Inc. is a private company specializing in providing short-term, high-interest loans to businesses and individuals with less-than-perfect credit, often operating in the subprime lending market. An analysis of the current fixed-income market reveals a bond, identified by ISIN USU52783AW41 and CUSIP U52783AW4, issued by Level 3 Financing Inc, which historically served as a financing vehicle for Level 3 Communications, a prominent telecommunications and internet service provider subsequently acquired by CenturyLink (now Lumen Technologies); this particular security, originating from the United States and denominated in USD, currently trades at 86.03% of its face value, offers an annual interest rate of 4.25% on a total issuance volume of $1,200,000,000, is available for a minimum purchase of $1,000 per unit, and is structured to provide semi-annual payments to bondholders until its maturity on June 30, 2028, all while carrying a CCC credit rating from Standard & Poor's (S&P), which denotes substantial credit risk. |
Français
Italiano
United States