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 |
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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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