Grenke provides leasing and financing solutions for IT equipment, primarily to small and medium-sized enterprises (SMEs).
The bond, identified by ISIN XS1942594687, was issued in Germany by Grenke, a German-based financial services company specializing in leasing and factoring for small and medium-sized enterprises, with an initial total issue size of EUR 10,000,000 and a minimum lot size for purchase of EUR 100,000, bearing an annual interest rate of 0.957% and last quoted at 100% in EUR, before it reached its maturity date on January 28, 2022, and was subsequently repaid.
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