Bond Paccar Finance Europe B.V. 0% ( XS2596066915 ) in EUR

Issuer	Paccar Finance Europe B.V.
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS2596066915 ( in EUR )
Interest rate	0%
Maturity	13/04/2023 - Bond has expired
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Detailed description	PACCAR Financial Europe B.V. is a subsidiary of PACCAR Inc., providing financing solutions for the purchase of DAF, Kenworth, and Peterbilt trucks throughout Europe. The financial instrument identified by ISIN XS2596066915, a bond issued by Paccar Financial Europe B.V., a Netherlands-based subsidiary dedicated to providing financial services and support for sales of PACCAR Inc.'s globally recognized commercial vehicle brands including Kenworth, Peterbilt, and DAF, has recently concluded its lifecycle, reaching full maturity and repayment on April 13, 2023, with this EUR-denominated bond, characterized by a 0% interest rate implying it functioned as a zero-coupon instrument, having its market value previously noted at 100% of par prior to its final settlement, thereby signifying the successful conclusion of the obligation for Paccar Financial Europe B.V. and confirming that bondholders have received their principal back as stipulated.