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Business Description

Virgin Money plc is a UK-based bank and financial services company owned by the Virgin Group and founded by Sir Richard Branson in March 1995. Virgin Money became a retail bank in 2009.

CYBG has been rebranded as Virgin Money at the end of the October 2019, consigning the century-old Clydesdale Banking brand and Yorkshire Bank identity to the history books.

Bond Information

Coupon
8.75%
Perpetual (10 Nov 2021)
Repaid On
12 Nov 2021
Previous Payment
10 Nov 2021
Interest Period
6 months
XS1516312409
Unsecured, AT1
£230,000,000
S&P:  B
Moody's:  Ba2
Fitch:  BB
10 Nov 2021 at 100
Status
Repaid

* 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
Virgin Money (UK) plc
Industry
Banks & Financials
Country of Origin
UK
Year of Incorporation
1995
Ownership Status
Public

Key Financials

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Capital at risk.

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.