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Virgin Money  (UK)

1995

Public

Status: Performing

All payments are on time

BACK TO MARKET


Coupon

8.75%

Current Yield

8.2%

*
Estimated Yield to Maturity

6.3%

**
Maturity Date

Perpetual
(Expected 10 Nov 2021)

Next Interest Payment

10 May 2019

Interest Payment Frequency

6 months

Asset Security

Unsecured, guarantees from parent

Industry

Banks & Financials

Amount

£230,000,000

ISIN

XS1516312409

Call Schedule

10 Nov 2021 at 100


Business Description

Virgin Money plc is a UK-based bank and financial services company owned by the Virgin Group and founded by Sir Richard Branson in March 1995. Virgin Money became a retail bank in 2009. The holding company for Virgin Money, Virgin Money Holdings (UK) plc, is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

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

 

Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note”, which corresponds and is backed by a specific loan or bond investment made through the WiseAlpha platform reflecting the key economic terms of the investment.

WiseAlpha Technologies Limited (FRN: 751087) is authorised and regulated by the Financial Conduct Authority in the UK.
WiseAlpha Technologies Limited is a company registered in England, with its registered office at Level 39, One Canada Square, Canary Wharf, London E14 5AB (Company No. 08967521).
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