X

Supercharge your investing

Investor Guide Icon

Center Parcs  (UK)

1987

Private

Status: Performing

All payments are on time


Coupon

4.875%

Current Yield

4.8%

*
Estimated Yield to Maturity

4.7%

**
Maturity Date

28 Aug 2025

Next Interest Payment

28 Aug 2019

Interest Payment Frequency

6 months

Asset Security

Whole Business Securitisation

Industry

Property

Amount

£250,000,000

ISIN

XS1622392014

Ratings

S&P:  B, Fitch  B


Business Description

Center Parcs revolutionised the holiday market in Holland over 40 years ago and did the same in the UK when it opened its first Village at Sherwood Forest in July 1987, providing short break holidays in the forest on a year-round basis.

Now Center Parcs has five Villages across the UK: Sherwood Forest in Nottinghamshire; Elveden Forest in Suffolk; Longleat Forest in Wiltshire; Whinfell Forest in Cumbria and Woburn Forest in Bedfordshire. As a leader in the UK short break holiday market, Center Parcs occupies a unique position enjoying annual occupancy rate in excess of 97%. In August 2015 Center Parcs UK was acquired by Brookfield Property Partners, one of the world’s largest commercial real estate companies.

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).
© wisealpha.com. All rights reserved