Bond Mars Inc 3.6% ( USU57346AC93 ) in USD

Mars Inc

100.40 % ▲

United States

USU57346AC93 ( in USD )

3.6% per year ( payment 2 times a year)

31/03/2034

Prospectus brochure in PDF format

2 000 USD

600 000 000 USD

U57346AC9

A ( Upper medium grade - Investment-grade )

N/A

01/10/2026 ( In 15 days )

Mars, Incorporated is a privately held American multinational manufacturer of confectionery, pet food, and other food products, with famous brands including M&M's, Snickers, Pedigree, and Whiskas.

**Mars Inc. Issues A-Rated Fixed-Income Bond with 3.6% Coupon, Maturing in 2034** Mars Inc., the global confectionery, pet care, and food giant, a privately held, family-owned enterprise renowned for its extensive portfolio of iconic brands such as M&M's, Snickers, Pedigree, and Ben's Original, stands as a dominant force across diverse consumer goods sectors. Its robust and diversified revenue streams, coupled with a long-standing market presence and consistent financial performance, underpin its strong credit profile. This strength is independently affirmed by Standard & Poor's (S&P), which has assigned an 'A' credit rating to the company, signifying a strong capacity to meet financial commitments, albeit with a moderate susceptibility to adverse economic conditions compared to higher-rated entities. In a recent offering from the United States, Mars Inc. has issued a fixed-income bond, identified by ISIN USU57346AC93 and CUSIP U57346AC9. This debt instrument, denominated in US Dollars (USD), is currently observed trading at its par value, reflecting a market price of 100% of its face value. The bond provides investors with a fixed annual interest rate, or coupon, of 3.6%, with interest payments distributed semi-annually, ensuring regular income streams for bondholders. The total size of this particular issuance is substantial, amounting to $600,000,000, indicative of the company's significant financing activities or capital management strategies. For prospective investors, the minimum purchase quantity is stipulated at $2,000, rendering this investment-grade corporate debt accessible to a broad spectrum of market participants. The bond is set to mature on March 31, 2034, at which point the principal amount will be repaid to investors, marking a clear horizon for capital return.

Date	Clean price
07/08/2024	100.00%
21/04/2024	89.68%
28/08/2023	111.80%
04/08/2023	111.80%
11/07/2023	111.80%
17/06/2023	111.80%
24/05/2023	111.80%
30/04/2023	111.80%
06/04/2023	111.80%
13/03/2023	111.80%
18/02/2023	111.80%
26/01/2023	111.80%
03/01/2023	111.80%
11/12/2022	111.80%
18/11/2022	111.80%
26/10/2022	111.80%
07/10/2022	111.80%
19/09/2022	111.80%
02/09/2022	111.80%
17/08/2022	111.80%
01/08/2022	111.80%
16/07/2022	111.80%
01/07/2022	111.80%
15/06/2022	111.80%
01/06/2022	111.80%
17/05/2022	111.80%
02/05/2022	111.80%
16/04/2022	111.80%
01/04/2022	111.80%
17/03/2022	111.80%
02/03/2022	111.80%
13/02/2022	111.80%
27/01/2022	111.80%
07/01/2022	111.80%
21/12/2021	111.80%
05/12/2021	111.80%
19/11/2021	111.80%
05/11/2021	111.80%
22/10/2021	111.80%
08/10/2021	111.80%
23/09/2021	111.80%
05/09/2021	111.80%
22/08/2021	111.80%
10/08/2021	111.80%
29/07/2021	111.80%
17/07/2021	111.80%
04/07/2021	111.80%
19/06/2021	111.80%
04/06/2021	110.09%
17/05/2021	115.41%
29/04/2021	115.41%
07/04/2021	115.41%
21/03/2021	115.41%
05/03/2021	115.41%
17/02/2021	120.44%
02/02/2021	120.44%
20/01/2021	120.44%
09/01/2021	120.44%
30/12/2020	120.44%
15/12/2020	120.44%
03/12/2020	120.44%
21/11/2020	117.20%
05/11/2020	117.20%
26/10/2020	117.20%
19/10/2020	117.20%
11/10/2020	117.20%
04/10/2020	117.20%
27/09/2020	117.20%
20/09/2020	117.20%
12/09/2020	117.20%
04/09/2020	117.20%
27/08/2020	117.20%
20/08/2020	117.20%
12/08/2020	117.20%
05/08/2020	117.20%
29/07/2020	117.20%
21/07/2020	117.20%
14/07/2020	117.20%
06/07/2020	117.20%
28/06/2020	117.20%
21/06/2020	117.20%
12/06/2020	117.20%
08/06/2020	117.20%
04/06/2020	117.20%
31/05/2020	117.20%
27/05/2020	117.20%
23/05/2020	117.20%
19/05/2020	117.20%
16/05/2020	117.20%
12/05/2020	117.20%
08/05/2020	117.20%
05/05/2020	117.20%
01/05/2020	117.20%
27/04/2020	117.20%
23/04/2020	113.39%
19/04/2020	113.39%
15/04/2020	113.39%
12/04/2020	111.62%
09/04/2020	107.39%
06/04/2020	109.85%
03/04/2020	106.73%
30/03/2020	104.51%
27/03/2020	104.19%
23/03/2020	101.38%
20/03/2020	105.50%
16/03/2020	102.98%
13/03/2020	110.17%
10/03/2020	116.37%
07/03/2020	121.72%
04/03/2020	119.00%
01/03/2020	116.86%
27/02/2020	115.65%
23/02/2020	114.78%
19/02/2020	113.24%
16/02/2020	113.56%
12/02/2020	113.36%
09/02/2020	99.52%
06/02/2020	99.52%
03/02/2020	99.52%
31/01/2020	99.52%
28/01/2020	99.52%
25/01/2020	99.52%
22/01/2020	99.52%
19/01/2020	99.52%
15/01/2020	99.52%
12/01/2020	99.52%
09/01/2020	99.52%
06/01/2020	99.52%
03/01/2020	99.52%
31/12/2019	99.52%
28/12/2019	99.52%
25/12/2019	99.52%
22/12/2019	99.52%
19/12/2019	99.52%
16/12/2019	99.52%
12/12/2019	99.52%
04/12/2019	99.52%
28/11/2019	99.52%
21/11/2019	99.52%
17/11/2019	99.52%
12/11/2019	99.52%
08/11/2019	99.52%
04/11/2019	99.52%
01/11/2019	99.52%
28/10/2019	99.52%
25/10/2019	99.52%
21/10/2019	99.52%
18/10/2019	99.52%
14/10/2019	99.52%
11/10/2019	99.52%
08/10/2019	99.52%
05/10/2019	99.52%
02/10/2019	99.52%
27/09/2019	99.52%
23/09/2019	99.52%
17/09/2019	99.52%
13/09/2019	99.52%
08/09/2019	99.52%
04/09/2019	99.52%
30/08/2019	99.52%
25/08/2019	99.52%
22/08/2019	99.52%
18/08/2019	99.52%
14/08/2019	99.52%
10/08/2019	99.52%
06/08/2019	99.52%
02/08/2019	99.52%
30/07/2019	99.52%
27/07/2019	99.52%
24/07/2019	99.52%
22/07/2019	99.52%
19/07/2019	99.52%
16/07/2019	99.52%
13/07/2019	99.52%
11/07/2019	99.52%
09/07/2019	99.52%
07/07/2019	99.52%
04/07/2019	99.52%
02/07/2019	99.52%
01/07/2019	99.52%
29/06/2019	99.52%
27/06/2019	99.52%
25/06/2019	99.52%
23/06/2019	99.52%
21/06/2019	99.52%
19/06/2019	99.52%
15/06/2019	99.52%
09/06/2019	99.52%
04/06/2019	99.52%
30/05/2019	99.52%
24/05/2019	99.52%
20/05/2019	99.52%
18/05/2019	99.52%
16/05/2019	99.52%
13/05/2019	99.52%
07/05/2019	99.52%
22/04/2019	100.40%
18/04/2019	100.40%
14/04/2019	100.40%
11/04/2019	100.40%
08/04/2019	100.40%
05/04/2019	100.40%
02/04/2019	100.40%
31/03/2019	100.40%