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MERCEDES-BENZ ZAR 3.0YR CRP A FLOATING RATE SYNDICATED BRAAI BOND MARKET PLACEMENT (ZAG000208489)

Post Date: 20 September 2024
Mercedes-Benz South Africa has priced a syndicated ZAR denominated Braai market bond which matures in 2027. 

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Issuer Details
Issuer Mercedes-Benz South Africa
LEI 529900SEX8RD6Q8KHW44
Industry Automobile Manufacturers
Country South Africa
Issuer Description Mercedes-Benz South Africa Limited manufactures, sells, and markets passenger car and commercial vehicles. The company offers new and pre-owned cars, trucks, buses, vans, freightliner and FUSO trucks, and smart cars. It also offers parts and accessories; after sales services; and financial services. The company was founded in 1962 and is based in Centurion, South Africa. Mercedes-Benz South Africa Limited operates as a subsidiary of Daimler AG.
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Trade Details
Security Type Bond
Amount ZAR [Login to see full details]
Total Amount including taps ZAR [Login to see full details]
Total Amount Outstanding ZAR [Login to see full details]
Total Order Book ZAR [Login to see full details]
Structure Floating Rate
Reoffer [Login to see full details]
Term [Login to see full details]
Yield Notes [Login to see full details]
Trade Date [Login to see full details]
Settlement Date [Login to see full details]
Maturity Date [Login to see full details]

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A Braai bond is a ZAR-denominated bond issued by a South-African entity in the South-African Domestic Bond market.

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