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ItalianoBond Midcontinent Communications 6.25% ( USU59366AA96 ) in USD
| Issuer | Midcontinent Communications | ||||
| Market price | 100.00 % ▲ | ||||
| Country |  United States
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| ISIN code |
 USU59366AA96 ( in USD )
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| Interest rate | 6.25% per year ( payment 2 times a year) | ||||
| Maturity | 01/08/2021 - Bond has expired | ||||
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Prospectus brochure in PDF format |
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| Minimal amount | 2 000 USD | ||||
| Total amount | 250 000 000 USD | ||||
| Cusip | U59366AA9 | ||||
| Detailed description |
Midcontinent Communications is a privately held telecommunications company providing cable television, internet, and phone services primarily in the Midwestern United States. A notable fixed-income instrument, the bond issued by Midcontinent Communications (ISIN: USU59366AA96, CUSIP: U59366AA9), successfully reached its maturity date on August 1, 2021, and was fully repaid at its par value of 100%. Midcontinent Communications, a prominent telecommunications and cable provider operating primarily in the Upper Midwest region of the United States, issued this debt in the U.S. market. The bond featured a fixed annual interest rate of 6.25%, with interest payments distributed semi-annually. This particular issuance, denominated in U.S. Dollars (USD), had a total offering size of $250,000,000, with investors able to participate with a minimum purchase amount of $2,000. This successful repayment underscores the conclusion of its life cycle in the bond market. |
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