AAA

NOVA Chemicals Corporation 9.0% 15-FEB-2030

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Overview
Analysis

ANZ5748335 analysis



Key facts


Issuer
NOVA Chemicals Corp.
Issue date
Feb 12, 2024
Maturity date
Feb 15, 2030
Outstanding amount
‪650.30 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
9.00% (Fixed)
Yield to maturity
7.27%
Nova Chemicals develops and manufactures chemicals, and plastic resins. Their environment includes air quality, greenhouse gases, plastic recycling, water use, and quality. The polyethylene business is rapidly evolving. Trends and market demands, along with emerging technologies that allow to improve applications or even re-imagine how we use polyethylene, are shaping the packaging and products of the future.
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