Mercedes-Benz South Africa has priced a ZAR denominated multi tranche private placement in the Braai bond market and was executed by a single dealer.
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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.
Check here for all issuer’s year to date financings.