OPENLANE, Inc. 5.125% 01-JUN-2025OPENLANE, Inc. 5.125% 01-JUN-2025OPENLANE, Inc. 5.125% 01-JUN-2025

OPENLANE, Inc. 5.125% 01-JUN-2025

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Key terms


Outstanding amount
‪210.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
5.13% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
6.37%
Maturity date
Jun 1, 2025
Term to maturity
1 month

About OPENLANE, Inc. 5.125% 01-JUN-2025


Sector
Technology Services
Industry
Packaged Software
Home page
Issue date
May 31, 2017
FIGI
BBG00GSLBSV9
OPENLANE, Inc. engages in providing sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. Its end-to-end platform supports the whole car, financing, logistics and other ancillary and related services. It operates through the Marketplace and Finance segments. The Marketplace segment serves a domestic and international customer base through digital marketplaces and vehicle logistics center locations across Canada. The Finance segment provides short-term, inventory-secured financing, known as floorplan financing, primarily to independent dealer customers throughout the United States and Canada. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.
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