BOND COMPLEXITY : MODERATEISIN: US716973AE24
PFE 4.750% 19May2033 Corp (USD)
PFIZER INVESTMENT ENTERPRISES PTE LTD
Indicative Bid Price
95.705
Bid Yield to Maturity
5.537%
Bid Yield to Call
5.563%
Min. Investment (Nominal)
2000
Indicative Ask Price
96.029
Ask Yield to Maturity
5.476%
Ask Yield to Call
5.500%
Next Call Date
18 Feb 2033
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 Maturity16. Sep18. Sep20. Sep22. Sep24. Sep26. Sep28. Sep30. Sep2. Oct4. Oct6. Oct8. Oct10. Oct12. Oct14. Oct5.35.45.55.65.75.85.9FSM Global
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 2033 / 18 Feb 2033
Years to Maturity / Next Call
6.588 / 6.344
Issue/Reoffer Price
99.850
Issue/Reoffer Yield
4.769
Coupon Type
Fixed
Annual Coupon Rate (%)
4.75
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
Others
Reference Rate
-
ISIN
US716973AE24
CUSIP
716973AE2
Bond Currency
USD
Total Issue Size
USD 5,000,000,000
Minimum Investment Quantity (Nominal)
USD 2,000
Incremental with Min Investment 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 2033 notes, in whole or in part, at any time and from time to time, prior to February 19, 2033 (three months prior to the maturity date for the 2033 Notes) (the “2033 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.
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)
15 Oct 202695.70596.0295.5005.476
14 Oct 202695.50195.8015.5445.519
13 Oct 202695.11695.4165.6185.590
12 Oct 202695.18695.5325.5955.568
11 Oct 202694.94995.2305.6545.625
08 Oct 202694.95895.2405.6515.622
07 Oct 202694.52894.8445.7285.697
06 Oct 202694.53594.8565.7255.694
05 Oct 202694.43894.7405.7475.715
04 Oct 202694.50694.8565.7245.693
Total of 67 entries
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FSM Global 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. $5,000,000,000 4.750% Notes due 2033. Prospectus Supplement dated May 16, 2023
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 5.300% 19May2053 Corp (USD)

Pfizer Investment Enterprises Pte Ltd

18 Nov 2052
(Next Call Date)
87.814 6.245% p.a. ***/W.R
Total of 1 entries
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FSM's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSM’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
Est. Payable Amount
USD 50.47
Years to Call
6 years 3+ months
Est. Total Income
USD 641.25
Yield to Call
-
Indicative Cash Flow
Nominal Value
USD 2,000.00
  • 2033
    Feb
    Coupon
    USD 23.75
    Early Redemption
    USD 2,000.00
  • 2032
    Nov
    Coupon
    USD 47.50
  • May
    Coupon
    USD 47.50
  • 2031
    Nov
    Coupon
    USD 47.50
  • May
    Coupon
    USD 47.50
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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