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Business Description

Lowell (Garfunkelux) is a notable credit management company, specialising in debt purchasing and collection services.

Bond Information

Coupon
11.0%
01 Nov 2023
Repaid On
11 Nov 2020
Previous Payment
01 Nov 2023
Interest Period
6 months
XS1308316568
Unsecured
£230,000,000
S&P:  B-
Moody's:  Caa2
01 Nov 2018 at 108.25
01 Nov 2019 at 105.5
01 Nov 2020 at 102.75
01 Nov 2021 at 100
Status
Repaid

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

Company Information

Company Legal Name
Garfunkelux Holdco 2 S.A.
Industry
Banks & Financials
Country of Origin
UK & Germany
Year of Incorporation
2015
Ownership Status
Private

Important News

16 Apr 2025

Debt collector Lowell Group explores £600m Nordic sale

08 Jan 2025

Bilateral exchange framework agreement, requisite threshold reached.

14 Apr 2022

Lowell to acquire Hoist Finance UK

04 Nov 2020

Pricing of senior secured notes

21 Oct 2020

Proposed offering of senior secured notes and refinancing of 8.5% Senior Secured & 11% Unsecured bonds.

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Capital at risk.

Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are purchasing Fractional Bonds, each one backed by a specific bond. See Risk Statement.