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Business Description

We are the UK's largest independent provider of health and social care services, operating more than 300 facilities across the United Kingdom.

We’re continuing to grow and invest in our diverse range of services so that we’re able to support more commissioners, communities, individuals and families.

Our healthcare teams run treatment centres, GP services, diagnostics, prison health services and out of hours support (including many 111 services). We take an innovative and far-reaching approach to delivering services at the times and in the locations that best suit our patients.

Our residential care services teams provide a wide range of care services for more than 7,000 older residents in more than 110 care homes around the country. Everything we do focuses on enabling residents to get the most out of every day by giving them expert tailored care, by supporting them to stay active, and by creating comfortable home environments for them to live in.

Bond Information

Coupon
L+5.0%
Coupon Type
15 Jul 2019
Repaid On
30 Jan 2019
Previous Payment
15 Jul 2019
Interest Period
3 months
XS1084818464
Select Seniority
£230,000,000
Callable any time
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
Healthcare
Country of Origin
UK
Year of Incorporation
1982
Ownership Status
Private

Capital Structure

Senior Debt 66%

Junior Debt 11%

Equity 23%

Type £m x EBITDA* % of capitalisation* Maturity* Coupon* EBITDA/Interest*
Cash na na na na na na
Drawn RCF (£65m) na na na na na na
Senior Secured FRN na na na na na na
Net Senior secured debt na na na na na na
Second Lien FRN na na na na na na
Net Total Debt na na na na na na
Estimated Equity Value na na na na na na
Net Capitalisation na na na na na na
EBITDA 44          
Cash Interest 16          

Source: Public Company Information

* 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

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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.