
Ferrari N.V. was founded in 1939 and is headquartered in Maranello, Italy, with the purpose of producing high-performance luxury sports cars. The company is renowned for its iconic automotive brand and has a product lineup that includes the Ferrari road cars, Formula 1 racing vehicles, and various branded merchandise.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
RACE 1.50% 2025-05-27 EURFerrari N.V. | Netherlands | 2025-05-27 | 1.500 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Ferrari N.V. entered the bond market in 2015 with its inaugural bond issuance, which saw a strong demand from investors. The company has since issued several significant bonds, including a €500 million offering in early 2020, which was aimed at refinancing existing debt and capitalizing on favorable market conditions. As of 2023, Ferrari's bonds have demonstrated robust performance with yields that remain competitive within the automotive industry, reflecting the company's strong credit profile and brand equity. Recent news highlights their commitment to sustainability, which may influence future financing strategies and bond structures.