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Business Description

Melrose Industries plc is a British manufacturing company based in London. It specialises in buying, investing in, and divesting engineering companies.

Bond Information

Coupon
4.625%
12 May 2032
Repaid On
25 Oct 2024
Previous Payment
12 May 2025
Interest Period
12 months
XS1611857795
Unsecured
£9,736,000
Moody's:  WR
Fitch:  WD
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
GKN HOLDINGS LTD
Industry
Automotive
Country of Origin
UK
Year of Incorporation
2003
Ownership Status
Public

Capital Structure

Senior Debt 12%

Equity 88%

Type £m x EBITDA* % of capitalisation* EBITDA/Interest*
Cash na na na na
Non-cash acquisition fair value adjustments na na na na
Bank Debt na na na na
£450 million 5⅜ 2022 unsecured bond na na na na
£300 million 3⅜ 2032 unsecured bond na na na na
Other na na na na
Net debt na na na na
Equity value na na na na
Enterprise value na na na na
Cash Interest 91.70          
LTM EBITDA 841          

* 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 market price as at 13.09.2021 London Stock Exchange

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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.