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Bond Nissan Auto Finance 1.8% ( USU65478AH91 ) in USD

Issuer	Nissan Auto Finance
Market price	100 %  ⇌
Country	United States
ISIN code	USU65478AH91 ( in USD )
Interest rate	1.8% per year ( payment 2 times a year)
Maturity	15/03/2018 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	2 000 USD
Total amount	400 000 000 USD
Cusip	U65478AH9
Detailed description	Nissan Motor Acceptance Corporation (NMAC) is a captive finance company that provides financing and leasing services for Nissan and Infiniti vehicles in the United States and Canada. An overview of a fixed-income instrument issued by Nissan Motor Acceptance, identified by ISIN USU65478AH91 and CUSIP U65478AH9, reveals its nature as a bond that has successfully reached its maturity and been fully repaid. This bond, issued in the United States and denominated in USD, featured a coupon rate of 1.8% and represented a total issuance size of $400,000,000, with minimum purchase increments set at $2,000. The instrument's market price stood at 100% of its par value, and coupon payments were scheduled semi-annually, reflecting its frequency of two times per year, until its maturity date of March 15, 2018. Nissan Motor Acceptance, the issuer of this bond, is the dedicated financial services arm of Nissan North America, Inc., a wholly-owned subsidiary of the renowned global automotive manufacturer Nissan Motor Co., Ltd. Headquartered in the United States, the company's primary function involves providing comprehensive financing solutions for Nissan and Infiniti vehicles, encompassing retail installment contracts and lease financing for consumers, alongside wholesale loans and capital financing for dealerships, thereby playing a critical role in facilitating vehicle sales and managing financial risk across the automotive ecosystem. As of its maturity date on March 15, 2018, this particular bond fulfilled all its principal and interest obligations, confirming its complete repayment and successful conclusion.