Invest in a Credit-Linked Security linked to Goodyear Tire & Rubber Company, returning 7.40% – 7.60% p.a. per annum.
Goodyear Tire & Rubber Company (Goodyear) is a global leader in tyre manufacturing, renowned for its innovation and commitment to quality. Founded in 1898, Goodyear has a rich history of developing cutting-edge tyre technologies and a wide range of products that cater to various markets, including automobiles, trucks, buses, and industrial equipment. Their well-known brands, including Goodyear, Dunlop, and Kelly, signify excellence in performance and reliability.
With operations in over 20 countries and approximately 950 retail outlets, Goodyear provides comprehensive tyre solutions and automotive services to a diverse customer base. The company’s strategic focus on innovation and operational excellence allows it to stay ahead in a competitive market, adapting to consumer needs and technological advancements.
Goodyear is committed to sustainability and advancing its technologies to meet the evolving demands of the automotive industry. As they continue to expand their market share and innovate.
This credit-linked security is linked to the performance of Goodyear.
Key Information
- Issuer: C2 Specialist Investment Pty Ltd ACN 622 433 032
- Coupon Rate: The Coupon Rate will be determined and set in the range 7.4% – 7.6% p.a on the Commencement Date (13 November 2024 or such date as reasonably determined by the Issuer.)
- Coupon Frequency: Quarterly (March, June, September, December)
- Term: 5 Years (Maturity date 20 December 2029)
- Issue Price: $100
- ABE Code: C2GF075029
- Minimum Investment: A$10,000
- Reference Asset: Goodyear Tire and Rubber. CUISP/ISIN: US382550BF73
Risks
Credit Risk:
Defaults on the underlying security may result in a loss of principal invested and/or interest due under those bonds and the underlying assets. You may lose some or all of your Investment Amount as a result of the Reference Entity experiencing a Credit Event.
This risk is mitigated by:
- The size and global reach of the underlying security;
Bond Risk:
A material decline in the value of the Reference Entity in relevant market segments will erode the value of the Notes and the underlying assets.
This risk is mitigated by:
- The factors referred to under ‘Credit Risk’ above;
Liquidity Risk:
You may not be able to realise your investment when you want to. The Issuer Buy-Back facility is at the sole discretion of the Issuer. There is a risk that you may lose some of your Total Investment if you dispose of the Units before Maturity.
This risk is mitigated by:
- The Australian Bond Exchange will facilitate the secondary market to enhance liquidity
Disclaimer: This webpage has been prepared by ABE Distribution Pty. Ltd ACN 673 177 912 (“ABE”). ABE is a Corporate Authorised Representative number 1307088 of Novus Capital Limited ACN 006 711 995 AFSL 238168. The information contained in it is of a general nature only. It was prepared without considering your financial needs, circumstances and objectives. Before investing in a fixed-interest product with ABE, you should consider whether it is appropriate for your circumstances and review the relevant terms and conditions. This document may contain links to other third-party websites, some of which require a subscription to read. Such links are for your convenience only, and ABE does not recommend or endorse these third-party sites.. No representation or warranty is made as to the accuracy, completeness or reliability of any estimates, opinions, conclusions, or other information contained in the content. The content may contain certain forward-looking statements. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors, many of which are beyond our control. To the maximum extent permitted by law ABE disclaims all liability and responsibility for any direct or indirect loss or damage that you may suffer as a result of relying on anything in this content. Past performance is not an indication of future performance