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John Lewis  (UK)

1864

Trust

Status: Performing

All payments are on time


Coupon Explainer

4.25%

Current Yield Explainer

4.4%

*
Yield to Maturity Explainer

4.6%

*
Maturity Date

18 Dec 2034

Next Interest Payment

18 Dec 2019

Interest Period

12 months

Asset Security

Senior Unsecured

Industry

Retail

Amount

£310,000,000

ISIN

XS1140961563

Call Schedule

18 Sep 2034 at 100

* 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.

Business Description

The John Lewis Partnership (JLP) is the UK’s largest example of an employee-owned business. JLP operates John Lewis & Partners department stores, Waitrose & Partners supermarkets, its banking and financial services, and other retail-related activities.

The company is owned by a trust[A] on behalf of all its 85,000+ employees — known as Partners – who have a say in the running of the business, and receive a share of annual profits.

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” (fractions of corporate bonds). Each Note is backed by a specific bond.

WiseAlpha Technologies Limited (FRN: 751087) is authorised and regulated by the Financial Conduct Authority in the UK. It arranges and promotes the Notes issued by WiseAlpha Limited (BVI) and from time to time other WiseAlpha Product Issuers. Only WiseAlpha Technologies is regulated for the associated activities it conducts.
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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