Bond Paccar Finance Europe B.V. 0% ( XS2597527956 ) in EUR

Issuer	Paccar Finance Europe B.V.
Market price	100 % ⇌
Country	Netherlands
ISIN code	XS2597527956 ( in EUR )
Interest rate	0%
Maturity	18/04/2023 - 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. A recently matured financial instrument, the bond identified by ISIN XS2597527956, issued by Paccar Financial Europe B.V., has concluded its lifecycle, being fully repaid upon its maturity date of April 18, 2023. This security, denominated in EUR and issued from the Netherlands, was characterized as a zero-coupon bond, signifying a 0% interest rate and an absence of periodic coupon payments, with its value realized entirely at redemption, where it was priced at 100% of its face value. Paccar Financial Europe B.V., the issuer of this bond, is the dedicated financial services arm of PACCAR Inc., a global technology leader in the design, manufacture, and customer support of high-quality light, medium, and heavy-duty trucks under the Kenworth, Peterbilt, and DAF nameplates, which provides financing and leasing services for PACCAR products sold by dealers and directly to customers worldwide, thereby supporting the sales of its parent company's capital goods.