Ardagh  4.75% 15 Jul 2027

Business Description

Ardagh Group is a global leader in metal and glass packaging solutions, producing packaging for most of the world’s leading food, beverage and consumer brands. It operates 109 facilities in 22 countries, employing approximately 23,500 people and has global sales of approximately €9 billion.

Bond Information

Coupon

4.75%

Maturity Date

15 Jul 2027

Next Interest Payment

15 Jan 2020

Interest Period

6 months

ISIN

XS1628848241

Asset Security

Unsecured

Amount

£400,000,000

Ratings

S&P:  B, Moody's:  B3

Call Schedule

15 Jul 2022 at 102.375
15 Jul 2023 at 101.188
15 Jul 2024 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

Industry

Consumer & Food

Country of Origin

Ireland

Year of Incorporation

1932

Ownership Status

Public

Capital Structure

Senior Debt 29%

Junior Debt 41%

Equity 30%

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

* 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.

Based on Bloomberg share price as of the 11th June 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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