Amigo Loans  7.625% 15 Jan 2024

Business Description

Amigo Loans is the market leader in guarantor backed term loans of up to £10,000 within the consumer finance market. The company was set up in 2000, listed on the LSE in June 2018 and is a constituent of the FTSE 250 index.

Approximately 63.5% of the company is owned by Richmond Group, which is in turn controlled by James Benamor, the founder of Amigo Loans. Amigo has recently secured a licence to begin lending in Ireland, and plans to start operations in the country before the end of March 2019.

Bond Information

Coupon

7.625%

Maturity Date

15 Jan 2024

Next Interest Payment

15 Jan 2020

Interest Period

6 months

ISIN

XS1533928625

Asset Security

First ranking charge over company assets

Amount

£400,000,000

Ratings

S&P:  B+, Moody's:  B1

Call Schedule

15 Jan 2020 at 103.812
15 Jan 2021 at 101.906
15 Jan 2022 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

Amigo Luxembourg S.A.

Industry

Banks & Financials

Country of Origin

UK

Year of Incorporation

2000

Ownership Status

Private

Capital Structure

Senior Debt 57%

Equity 43%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Source: Public company information. EBITDA used for calculations is last 12 months.

* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary.

Market Cap as at 30th August 2019

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.

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