POSCO is a South Korean steel manufacturing company, one of the world's largest, known for its advanced steel production technologies and global reach.
A significant financial instrument, the POSCO bond identified by ISIN USY70750BV85 and CUSIP Y70750BV8, recently completed its lifecycle, having matured and been fully redeemed on January 16, 2025. The issuer, POSCO, is a leading South Korean multinational conglomerate, globally recognized as one of the largest and most technologically advanced steel producers. Operating from its home country, POSCO's extensive integrated steel-making operations contribute significantly to the global industrial supply chain, and its creditworthiness is underscored by a BBB+ rating from Standard & Poor's. This specific fixed-income security, denominated in USD, carried an annual interest rate of 2.5% and was part of a total issuance valued at $440,000,000, with a minimum purchase size set at $200,000. Interest payments were structured with a frequency of two per year, indicating semi-annual disbursements. Upon its maturity, the bond was redeemed at its par value of 100%, confirming its full repayment to investors.
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