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Business Description

Miller Homes is a UK housebuilder, known for quality construction and diverse residential communities. They offer well-designed homes, shaping comfortable living spaces for individuals and families.

Bond Information

15 Oct 2024
Repaid On
12 Apr 2022
Previous Payment
15 Oct 2024
Interest Period
6 months
XS1689521125
Senior Secured
£250,000,000
S&P:  BB-
Fitch:  BB+
15 Oct 2020 at 102.75
15 Oct 2021 at 101.375
15 Oct 2022 at 100
Status
Repaid

* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Company Information

Industry
Property
Country of Origin
UK
Year of Incorporation
1934
Ownership Status
Private

Capital Structure

Type £m x EBITDA* % of capitalisation* EBITDA/Interest*
Cash and equivalents na na na na
Leases NPV na na na na
Net super senior debt na na na na
1st lien secured debt na na na na
Net debt na na na na
Equity value na na na na
Enterprise value na na na na
LTM EBITDA 187          
Cash Interest 8.70          

Source: Aggredium

* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary.

Key Financials

Key Financials (£m) 3m 2023 3m 2022 2022A 2021A 2020A 2019A 2018A 2017A 2016A 2015A 2014A
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n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
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Important News

04 Jan 2022

Miller Homes is set to be acquired by private equity fund Apollo Funds.

More details here.

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Capital at risk.

Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are purchasing Fractional Bonds, each one backed by a specific bond. See Risk Statement.