18 June 2024:Wealth Product Ideas
Wealth Product Ideas – 18 June
Ticker and ISIN | FCX 5.45 03/15/43 Corp (US35671DBC83) |
Issuer | Freeport-McMoRan Inc |
Country | United States |
Currency | USD |
Industry | Metals and Mining (BCLASS) |
Coupon rate | 5.450% |
Coupon frequency | Semi-annual |
Maturity | 03/15/2043 (MAKE WHOLE @40.000 until 09/15/42/ CALL 09/15/[email protected]) |
Ratings | Baa2 (Moody’s) / BBB- (S&P) / BBB (Fitch) / BBB- (Composite) |
YTM | 5.720% |
Amount issued | 1,999,800,000 |
(Source: Bloomberg)
Ticker and ISIN | NEE 5.05 02/28/33 Corp (US65339KCP30) |
Issuer | NextEra Energy Capital |
Country | United States |
Currency | USD |
Industry | Electric (BCLASS) |
Coupon rate | 5.050% |
Coupon frequency | Semi-annual |
Maturity | 02/28/2033 (MAKE WHOLE @25.000 until 11/28/32/ CALL 11/28/[email protected]) |
Ratings | Baa1 (Moody’s) / BBB+ (S&P) / A- (Fitch) / BBB+ (Composite) |
YTM | 5.240% |
Amount issued | 1,000,000,000 |
