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This document outlines the terms for the issuance of ZAR1 billion Senior Unsecured Floating Rate Notes by Mercedes-Benz South Africa, guaranteed by Mercedes-Benz Group AG. The notes mature on September 17, 2027.
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An applicable pricing supplement is a document that provides specific pricing information concerning securities offered under a registration statement, detailing the terms of the securities, including offering prices, interest rates, and other financial attributes.
Issuers of securities who are offering or selling their securities under a registration statement are required to file the applicable pricing supplement.
To fill out an applicable pricing supplement, issuers must provide detailed information regarding the specific financial terms of the securities being offered, including pricing, interest payments, redemption terms, and any other relevant information related to the securities.
The purpose of an applicable pricing supplement is to inform investors about the specific details of a securities offering, ensuring transparency and providing critical investment information to facilitate informed decision-making.
The applicable pricing supplement must report information including the offering price, interest rates, payment frequency, maturity date, any special terms or conditions, and any other details pertinent to the investment.
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