You could lose all of your money invested in these products. These are high-risk investments and are much riskier than a savings account.
Our product is only suitable for high net worth, self-certified sophisticated, advised, investment professionals and institutional investors.

2 Sisters Food Group  5.5% 15 Jul 2021

Business Description

2 Sisters Food Group is a diversified food manufacturer in the U.K. with the number one position in the U.K. chicken market. The company is headquartered in the U.K. with operations spanning the U.K., Ireland, the Netherlands and Poland. 2 Sisters Food Group operates a total of 49 manufacturing sites and has more than 23,500 employees. Top five customers include Tesco, Marks & Spencer, Sainsbury's, Aldi and Asda.

In March 2019 the company's CVA (Company Voluntary Agreement) was agreed. The CVA aims to reduce costs, with 27 sites agreed to close & rent reductions in 13 others. The CVA will be overseen by KPMG.

Bond Information

Coupon

5.5%

Maturity Date

15 Jul 2021

Next Interest Payment

15 Feb 2020

Interest Period

6 months

ISIN

XS1082472587

Asset Security

Senior Unsecured

Amount

£330,000,000

Ratings

S&P:  CCC+, Moody's:  Caa1

Call Schedule

15 Jul 2017 at 102.75
15 Jul 2018 at 101.375
15 Jul 2019 at 100

Status

Payments on time

* 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

Company Legal Name

Boporan Holdings Ltd

Industry

Consumer & Food

Country of Origin

United Kingdom

Year of Incorporation

1993

Ownership Status

Private Limited Company

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Public Company information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Wisealph circle logo

Invest from just £100 per bond



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

Capital at risk. No FSCS cover.

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.