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Tesco  (UK)

1919

Public

Status: Repaid

BACK TO MARKET


Coupon

4.875%

Maturity Date

24 Mar 2042

Repaid On

08 May 2018

Interest Payment Frequency

12 months

Asset Security

Unsecured, guarantees from parent

Industry

Retail

Amount

£300,000,000

ISIN

XS0248395245

Ratings

S&P:  BB+, Moody's  Ba1, Fitch  BBB-


Business Description

Tesco PLC is a British multinational grocery and general merchandise retailer with headquarters in Welwyn Garden City, Hertfordshire, England, United Kingdom. It is the largest grocery retailer in the UK (with a 27.5% market share according to Kantar May 2017) and is one of the largest retailers in the world. It has stores in 12 countries across Asia and Europe.

Originally a UK grocery retailer, Tesco has diversified geographically since the early 1990s and into areas such as the retailing of books, clothing, electronics, furniture, toys, petrol and software; financial services; telecoms and internet services.

Tesco is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

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

 

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