Mercedes-Benz Australia/Pacific is a subsidiary of Mercedes-Benz AG responsible for the sales, marketing, and after-sales service of Mercedes-Benz vehicles, vans, and trucks in Australia, New Zealand, and the Pacific Islands.
A zero-coupon bond issued by Mercedes-Benz Australia/Pacific, a key regional subsidiary of the global automotive conglomerate Mercedes-Benz Group AG responsible for the distribution and marketing of Mercedes-Benz vehicles across Australia and the Pacific region, successfully reached its maturity on May 28, 2020, and has been fully redeemed. Identified by ISIN XS1829268090, this Euro-denominated debt instrument had a total issuance size of ?100,000,000 with a minimum purchase denomination set at ?100,000, and as a zero-coupon security with a 0% interest rate and a single payment frequency, it concluded its lifecycle with a market price at redemption of 100%, affirming its full repayment to bondholders following its issuance from Australia.
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