Bond Paccar Finance Europe B.V. 0% ( XS2693783289 ) in EUR
| Issuer | Paccar Finance Europe B.V. |
| Market price | 100 % ⇌ |
| Country | Netherlands
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| ISIN code |
XS2693783289 ( in EUR )
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| Interest rate | 0% |
| Maturity | 08/10/2023 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| 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 financial instrument identified by ISIN XS2693783289, a fixed-income bond issued by Paccar Financial Europe B.V., a Netherlands-based entity serving as the captive finance arm of PACCAR Inc., a leading global technology company and manufacturer of premium light, medium, and heavy-duty trucks under brands such as Kenworth, Peterbilt, and DAF, recently reached its maturity and was successfully redeemed. This EUR-denominated security, which carried a 0% interest rate and consequently made no periodic coupon payments, functioned as a zero-coupon or a par bond without coupons, with its full and final settlement occurring at its stated maturity date of October 8, 2023, at which point it was repaid at 100% of its face value, signifying the complete return of principal to its bondholders. |
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