Minerva 4.375% 2031 bond (USL6401PAJ23)
As of 2026-10-27 · rebuilt daily
https://bondscovery.com/bond/USL6401PAJ23
Minerva's 4.375% USD bond maturing 2031-03-18 (USL6401PAJ23) yields 10.07% to worst as of 2026-10-27. That is 525 bp over the US Treasury curve at the same maturity and 190 bp above the fitted Luxembourg High Yield (BB–D) Corporate Bond (USD) curve.
Against its curves
Each curve's fitted yield at this bond's maturity (at its call date, where it is priced to call), and the bond's spread to it.
| Curve | Curve yield | Spread |
|---|---|---|
| US Treasury Yields | 4.82% | +525 bp |
| Luxembourg High Yield (BB–D) Corporate Bond Yields (USD) | 8.18% | +190 bp |
| US High Yield (BB–D) Consumer Products & Retail Corporate Bond Yields (USD) | 6.48% | +360 bp |
| US High Yield (BB–D) Corporate Bond Yields (USD) | 6.77% | +330 bp |
The bond
| ISIN | USL6401PAJ23 |
|---|---|
| Issuer | Minerva |
| Issuer type | Corporate |
| Country | Luxembourg |
| Sector | Consumer Products & Retail |
| Currency | USD |
| Coupon | 4.375% |
| Coupon frequency | Semiannual |
| Maturity | 2031-03-18 |
| Rating band | BB+–D (High Yield) |
| Yield to worst | 10.07% |