AAA

Meritor, Inc. 3.25% 15-OCT-2037

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ARM4719976 analysis



Key facts


Issuer
Meritor, Inc.
Issue date
Sep 24, 2018
Maturity date
Oct 15, 2037
Outstanding amount
‪424.00 K‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
3.25% (Fixed)
Yield to maturity
4.10%
Meritor, Inc. engages in the design, production and trade of integrated systems, modules and components to equipment manufacturers. It operates through the Commercial Truck, and Aftermarket and Industrial segments. The Commercial Truck segment supplies drivetrain systems and components, including axles, drivelines and braking and suspension systems, for medium- and heavy-duty trucks and other applications. The Aftermarket and Industrial segment provides axles, brakes, drivelines, suspension parts and other replacement parts to commercial vehicle and industrial aftermarket customers in North America and Europe. The company was founded in 1909 and is headquartered in Troy, MI.
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