Bond Michael's Companies 7.875% ( USU55655AB77 ) in USD

Issuer	Michael's Companies
Market price	100 % ▲
Country	United States
ISIN code	USU55655AB77 ( in USD )
Interest rate	7.875% per year ( payment 2 times a year)
Maturity	01/05/2029
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Minimal amount	1 000 USD
Total amount	1 300 000 000 USD
Cusip	U55655AB7
Standard & Poor's ( S&P ) rating	CCC ( Extremely speculative )
Moody's rating	N/A
Next Coupon	01/11/2026 ( In 98 days )
Detailed description	The Michaels Companies, Inc. is a North American arts and crafts retailer operating a chain of stores under the Michaels brand, offering a wide variety of supplies for various creative pursuits. The Bond issued by Michael's Companies ( United States ) , in USD, with the ISIN code USU55655AB77, pays a coupon of 7.875% per year. The coupons are paid 2 times per year and the Bond maturity is 01/05/2029 The Bond issued by Michael's Companies ( United States ) , in USD, with the ISIN code USU55655AB77, was rated CCC ( Extremely speculative ) by Standard & Poor's ( S&P ) credit rating agency.