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Iceland  (UK)



Status: Performing

All payments are on time




Current Yield


Estimated Yield to Maturity


Maturity Date

15 Mar 2025

Next Interest Payment

15 Oct 2018

Interest Payment Frequency

6 months

Asset Security

First ranking charge over company assets








S&P:  B, Moody's  B2

Next Call

15 Sep 2020 at 102.315
15 Sep 2021 at 101.156
15 Sep 2022 at 100

Business Description

Iceland is a national UK food retailer specialising in frozen food with over 900 stores in the UK. They offer their customers a range of over 2,500 food SKUs including frozen, chilled and grocery products. Their products range from everyday items such as milk, eggs and bread to an extensive range of approximately 900 frozen food SKUs covering a broad spectrum from ready meals, pizzas and party food to frozen meat, fish, poultry and vegetables. Iceland are focused on the value-end of the retail market and trade from conveniently located stores throughout the UK. They have recently started selling a number of luxury food products through their online platform

* 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.

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


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