Question
A corporation would like to recapitalize its capital structure by issuing a bond. Bonds from this corporation had been rated as BBB+. Which one of the following bond issues poses the least risk to the issuer corporation? Explain your answer in detail.
Bond Currency Issue Volume Issue Price Denomination Coupon Maturity Date
A USD 750,000,000.00 99.98 $1,000 3.8750% 28/2/2027
B USD 500,000,000.00 99.41 $1,000 3.1250% 13/3/2025
C USD 1,500,000,000.00 99.59 $1,000 5.5500% 13/1/2026