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Saga  (UK)

1959

Public

Status: Performing

All payments are on time

BACK TO MARKET


Coupon

3.375%

Current Yield

3.5%

*
Estimated Yield to Maturity

4.3%

**
Maturity Date

12 May 2024

Next Interest Payment

12 Nov 2018

Interest Payment Frequency

6 months

Asset Security

Unsecured

Industry

Travel

Amount

£250,000,000

ISIN

XS1610655950

Ratings

S&P:  BB+, Moody's  Ba1

Next Call

12 Feb 2024 at 100


Business Description

Saga is the UK’s leading provider of insurance, travel, personal finance and healthcare products and services tailored to the needs of the over 50s. A trusted brand with 97% recognition amongst the UKs over 50's, 2.7 million customers and a 65 year history.

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”, which corresponds and is backed by a specific loan or bond investment made through the WiseAlpha platform reflecting the key economic terms of the investment.

WiseAlpha Technologies Limited (FRN: 751087) is authorised and regulated by the Financial Conduct Authority in the UK.
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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