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John Lewis  (UK)

1864

Trust

Status: Performing

All payments are on time

BACK TO MARKET


Coupon

4.25%

Current Yield

4.6%

*
Estimated Yield to Maturity

5.0%

**
Maturity Date

18 Dec 2034

Next Interest Payment

18 Dec 2019

Interest Payment Frequency

12 months

Industry

Retail

Amount

£310,000,000

ISIN

XS1140961563

Call Schedule

18 Sep 2034 at 100


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”, 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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