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Status: Performing

All payments are on time


Coupon Explainer

E+5.25%

Current Yield Explainer

5.3%

*
Yield to Maturity Explainer

5.3%

*
Maturity Date

01 May 2023

Next Interest Payment

01 Aug 2019

Interest Period

3 months

Asset Security

Senior Secured

Industry

Consumer & Food

Amount

€310,000,000

ISIN

XS1600481821

Ratings

S&P:  B-, Moody's:  B3

Call Schedule

01 May 2018 at 101
01 May 2019 at 100

* Current Yield and Yield to Maturity are an estimated return calculation and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Business Description

Burger King France is currently the No 2 hamburger quick service restaurant in France and operates in a market that is estimated to be worth €6.4 billion and growing at 4-6% per annum. France is the No 2 European burger market in terms of per capita consumption.

Capital at risk. No FSCS cover. See Risk Statement.

 

Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note” (fractions of corporate bonds). Each Note is backed by a specific bond.

WiseAlpha Technologies Limited (FRN: 751087) is authorised and regulated by the Financial Conduct Authority in the UK. It arranges and promotes the Notes issued by WiseAlpha Limited (BVI) and from time to time other WiseAlpha Product Issuers. Only WiseAlpha Technologies is regulated for the associated activities it conducts.
WiseAlpha Technologies Limited is a company registered in England, with its registered office at Level 39, One Canada Square, Canary Wharf, London E14 5AB (Company No. 08967521).
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