BBB

Sotheby's 5.875% 01-JUN-2029

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Key terms


Outstanding amount
‪299.80 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
5.88% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
9.72%
Maturity date
Jun 1, 2029
Term to maturity
3 years

About Sotheby's 5.875% 01-JUN-2029


Issuer
Sotheby's
Sector
Retail Trade
Industry
Specialty Stores
Home page
Issue date
Jul 30, 2021
FIGI
BBG01209PLS0
Sotheby's operates as an art auction house. It operates through the following segments: Agency, SFS, and All Other. The Agency segment accepts property on consignment, and match sellers to buyers through the auction of private sale process. The SFS segment offers financing packages to clients who wish to obtain immediate access to liquidity from their art assets. The All Other segment comprises of advisory services, retail wine business, and brand licensing activities. The company was founded by Samuel Baker on March 11, 1744 and is headquartered in New York, NY.
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