Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong.
Take 2 mins to learn more

Business Description

Upfield (Flora Foods Group) is a the number #1 producer of branded margarines globally. The company operates across 95 countries globally, with 79% of LTM sales from Developed Markets such as North America and Europe, and 21% of sales from Emerging Markets such as Latin America, Africa, the Middle East, and Asia. The company primarily distributes to wholesale c.90% of sales, with 10% direct to consumer (restrurants etc.), operations are asset light with the distribution and transportation of products outsourced. The group's top 10 customers (e.g. Tesco, Lidl, Walmart) account for c.50% of sales.

Bond Information

Coupon
5.75%
15 May 2026
Previous Payment
15 May 2025
Next Interest Payment
15 Nov 2025
Interest Period
6 months
XS1813504666
Unsecured
€677,060,000
S&P:  B
Moody's:  Caa1
Fitch:  CCC+
15 May 2021 at 102.875
15 May 2022 at 101.438
15 May 2023 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
Sigma Holdco B.V.
Industry
Consumer & Food
Country of Origin
UK
Year of Incorporation
1871
Ownership Status
Private
Wisealpha circle logo

Invest from just £100 per bond

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.