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Atalian (France)

1944

Private

Status: Performing

All payments are on time

All covenants met

BACK TO MARKET


Amount

£225,000,000

Current Yield

6.6%

*
Estimated Yield to Maturity

6.5%

**
Maturity Date

15 May 2025

Interest Payment Frequency

6m

Next interest payment

15 Dec 2018

Asset Security

First ranking charge over company assets

Industry Type

Business Services

Next Call

15 May 2021@103.3125, 15 May 2022@101.65625

ISIN

XS1815437360


Business Description

Atalian Global Services is a leading provider of business services. The Company's 100,000 employees work with companies and public authorities to devise solutions for Facility Management, Cleaning, Technical maintenance, Security, Airport Assistance, Front of house, Energy Management, Landscaping, Finishing works The company has over 28,000 clients generating over EUR2bn in revenue and has been operating for over 70 years.

* 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.

Status: Performing


Notes:

The company currently has no outstanding notes.

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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