BSM FULL POST-TRANSACTION PAYMENT ENABLED BOND COMPLEXITY : MODERATE ISIN: US716973AG71
PFE 5.300% 19May2053 Corp (USD)
PFIZER INVESTMENT ENTERPRISES PTE LTD
Bid Price
94.502
Bid Yield to Maturity
5.702%
Bid Yield to Call
5.705%
Min. Investment (Nominal)
2,000
Bid Volume
200,000
Ask Price
95.352
Ask Yield to Maturity
5.637%
Ask Yield to Call
5.640%
Next Call Date
18 Nov 2052
Ask Volume
200,000
Credit Rating (Bond)
No Rating
Seniority
Investor Profile
Stable Income Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to CallAsk Yield to CallBid Yield to MaturityAsk Yield to Maturity18. May20. May22. May24. May26. May28. May30. May1. Jun3. Jun5. Jun7. Jun9. Jun11. Jun13. Jun15. Jun17. Jun5.65.75.85.966.1fundsupermart.com
Bond Information
Pfizer Investment Enterprises Pte. Ltd. provides financial solutions. The Company specializes in the issuance, administration, and repayment of the notes and any other debt securities.
Bond Issuer
Pfizer Investment Enterprises Pte Ltd
Guarantor
Pfizer Inc
Announcement Date
15 May 2023
Issue Date
18 May 2023
Maturity Date / Next Call Date
18 May 2053 / 18 Nov 2052
Years to Maturity / Next Call
26.934 / 26.438
Issue/Reoffer Price
99.851
Issue/Reoffer Yield
5.310
Coupon Type
Fixed
Annual Coupon Rate (%)
5.3
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
Others
Reference Rate
-
ISIN
US716973AG71
CUSIP
716973AG7
Bond Currency
USD
Total Issue Size
USD 6,000,000,000
Minimum Investment Quantity (Nominal)
USD 2,000
Incremental Quantity (Nominal)
USD 1,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Health Care
Bond Sub Sector
Pharmaceuticals
Issuer Credit Rating (S&P/ Fitch)
***/N.R
Bond Credit Rating (S&P/ Fitch)
***/W.R
Shariah Compliant
No
W-8BEN Declaration needed
Yes
Bond Feature(s)
At its option, the Issuer may redeem the 2053 notes, in whole or in part, at any time and from time to time, prior to November 19, 2052 (six months prior to the maturity date for the 2053 Notes) (the “2053 Par Call Date”); in each case, at a redemption price (expressed as a percentage of principal amount and rounded to three decimal places) equal to the greater of:

(1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming such notes matured on the applicable Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus (i) 15 basis points in the case of the 2026 notes, (ii) 15 basis points in the case of the 2028 notes, (iii) 20 basis points in the case of the 2030 notes, (iv) 20 basis points in the case of the 2033 notes, (v) 20 basis points in the case of the 2043 notes, (vi) 25 basis points in the case of the 2053 notes and (vii) 25 basis points in the case of the 2063 notes less (b) interest accrued to, but excluding, the date of redemption, and

(2) 100% of the principal amount of such notes to be redeemed, plus, in either case, accrued and unpaid interest on the notes being redeemed to, but excluding, the redemption date.
On or after the applicable Par Call Date, the Issuer may redeem the notes of the applicable series, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued and unpaid interest thereon to, but excluding, the redemption date.

Par Call Date: November 19, 2052
Special Mandatory Redemption and Assumption of 2033 and 2053 Notes:

If (i) the Merger is not consummated on or before the Special Mandatory Redemption End Date or (ii) the Issuer notifies the trustee under the indenture that Parent will not pursue consummation of the Merger, the Issuer will be required to redeem each series of the Notes, other than the 2033 Notes and the 2053 Notes, at a redemption price equal to 101% of the principal amount of such series of the Notes, plus accrued and unpaid interest, if any, to, but excluding, the Special Mandatory Redemption Date. The Special Mandatory Redemption will not apply to the 2033 Notes and the 2053 Notes. In the event of a triggering of the Special Mandatory Redemption and following completion of the Special Mandatory Redemption, the Parent will assume the obligations of the Issuer under the 2033 Notes and the 2053 Notes and will become the successor issuer of the 2033 Notes and the 2053 Notes, the Issuer will no longer be an obligor under the 2033 Notes and the 2053 Notes and the Guarantee with respect to the 2033 Notes and the 2053 Notes will be released in full. The assumption of the 2033 Notes and the 2053 Notes by the Parent shall be treated as a Parent Assumption (as defined herein) for purposes of the indenture.
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (CALL)
ASK YIELD (MATURITY)
17 Jun 202694.50295.3525.6405.637
16 Jun 202693.79194.6415.6945.691
15 Jun 202693.93294.7825.6845.680
14 Jun 202694.15795.0075.6665.663
11 Jun 202693.91994.7695.6855.681
10 Jun 202692.87193.7215.7655.761
09 Jun 202692.91893.7685.7625.758
08 Jun 202692.68793.5375.7805.776
07 Jun 202692.65493.5045.7825.778
04 Jun 202693.60294.4525.7095.705
Total of 65 entries
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FSMOne strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating
CHANGE DATE
S&P Bond S&P Issuer Fitch Bond Fitch Issuer
28 Jun 2024 *** *** A -> W.RN.R
29 Feb 2024 *** *** AAA -> AN.R
Total of 2 entries
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Related Documents
pdfIcon
Prospectus Supplement
Guaranteed on a senior unsecured basis by Pfizer Inc. $6,000,000,000 5.300% Notes due 2053.
pdfIcon
Pricing Supplement
Pricing Term Sheet Dated May 16, 2023.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
PFE 4.750% 19May2033 Corp (USD)

Pfizer Investment Enterprises Pte Ltd

18 Feb 2033
(Next Call Date)
99.486 4.838% p.a. ***/W.R
Total of 1 entries
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FSMOne's Fees
For more information, please refer to the Pricing Structure
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Processing Fee
0.20% / Min. USD 1.88*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSMOne’s fee)
Order Processing Time
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Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

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  3. T = Transaction Date
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Platform Charge
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Note
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Potential Income Explained
Est. Payable Amount
USD 1,921.41
Years to Call
26 years 4+ months
Est. Total Income
USD 2,809.00
Yield to Call
5.406%
Indicative Cash Flow
Nominal Value
USD 2,000.00
  • 2052
    Nov
    Coupon
    USD 53.00
    Early Redemption
    USD 2,000.00
  • May
    Coupon
    USD 53.00
  • 2051
    Nov
    Coupon
    USD 53.00
  • May
    Coupon
    USD 53.00
  • 2050
    Nov
    Coupon
    USD 53.00
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
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