Mercedes-Benz Manufacturing Hungary Kft, founded in 1991 and based in Kecskemét, Hungary, operates as a subsidiary of the renowned German automotive manufacturer Mercedes-Benz AG. The company primarily focuses on the production of premium passenger vehicles, particularly the Mercedes-Benz compact class models, contributing significantly to the brand's global manufacturing framework.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DAIGR 1.50% 2027-03-16 HUFMercedes-Benz Manufacturing Hungary Kft | Hungary | 2027-03-16 | 1.500 | 15.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its establishment, Mercedes-Benz Manufacturing Hungary Kft began issuing bonds in 2014, with a notable issuance of €650 million in 2019 to refinance existing debt and support production expansion. This bond issuance attracted strong investor interest, reflecting competitive yields compared to industry averages, thanks to the company's robust financial standing and A-rating from major credit agencies. In 2021, the firm also introduced green bonds to fund environmentally sustainable projects within its operations, aligning with the parent company's commitment to eco-friendly practices.