Bond GM Financial 2.25% ( XS1674925505 ) in GBP
Issuer | GM Financial |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 2.25% per year ( payment 1 time a year) |
Maturity | 05/09/2024 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | 100 000 GBP |
Total amount | 350 000 000 GBP |
Detailed description |
General Motors Financial Company (GM Financial) is a wholly-owned subsidiary of General Motors that provides financing and insurance products for GM vehicles. General Motors Financial, the dedicated global captive finance company for General Motors, delivering a comprehensive suite of financial products and services to both customers and dealership networks worldwide, recently saw the successful maturity and full repayment of one of its sterling-denominated obligations. This particular bond, identified by ISIN code XS1674925505, was originally issued from the United States with a total issue size of £350,000,000. Carrying an annual interest rate of 2.25%, the debt instrument had a minimum purchase size set at £100,000, attracting institutional and sophisticated investors. With its final maturity date on September 5, 2024, the bond has officially reached its term, and General Motors Financial has confirmed the principal repayment at 100% of its market value to all bondholders, signifying the successful conclusion of this financial commitment. |