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
5.80%
Maturity date
Jun 1, 2025
Term to maturity
5 months

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


Sector
Commercial Services
Industry
Miscellaneous Commercial Services
Issue date
May 31, 2017
FIGI
BBG00GSLBSV9
OPENLANE, Inc. provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. The company's end-to-end platform supports whole car, financing, logistics and other ancillary and related services. It operates through the following segments: Marketplace and Finance. 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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