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Talk Talk (UK)

2003

Public

Status: Performing

All payments are on time

All covenants met

BACK TO MARKET


Amount

£400,000,000

Current Yield

5.3%

*
Estimated Yield to Maturity

4.8%

**
Maturity Date

15 Jan 2022

Interest Payment Frequency

6m

Next interest payment

15 Jul 2018

Asset Security

Unsecured

Industry Type

Telecoms

Next Call

15 January 2019 @ 102.6875

ISIN

XS1550932344


Business Description

TalkTalk Telecom Group plc is a company headquartered in London, which provides pay television, telecommunications, Internet access, and mobile network services to businesses and consumers in the United Kingdom. It was founded in 2003 as a subsidiary of Carphone Warehouse and was demerged as a standalone company in March 2010. Originally just a provider of fixed line telephony services to consumers, TalkTalk now offers fixed and mobile telephony and broadband services to consumers under the TalkTalk brand, and telephony and broadband services to business customers under the TalkTalk Business brand. Like some other UK broadband providers, TalkTalk has invested in its own exchange infrastructure, known as local-loop-unbundling (LLU), with 92% of its customer base unbundled as of December 2012. Since August 2012, TalkTalk has become the UK's second quadruple play service after Virgin Media, offering TV, broadband, phone, and mobile services. TalkTalk is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

* The coupon divided by the price. Where the coupon is partly dependent on Libor it uses market based Libor forecasts at each coupon date over the next 12 months.
** The estimated yield from holding a bond to maturity including interest and capital repayment and assuming interest is re-invested at the same yield. Please note this calculation may be adversely affected by features in bond such as calls or prepayments. Where the coupon is partly dependent on Libor it uses market based forecasts of Libor until the maturity date.
Please note that the 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.

Status: Performing


Notes:

The company currently has no outstanding notes.

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

 

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