Iceland  (UK)

Stretford 79 plc



Status: Performing

All payments are on time


Maturity Date

15 Jul 2024

Next Interest Payment

15 Apr 2020

Interest Period

6 months

First ranking charge over company assets






S&P:  B

15 Jul 2019 at 103.375
15 Jul 2020 at 102.25
15 Jul 2021 at 101.25
15 Jul 2022 at 100

* Current Yield and Yield to Maturity are an estimated return calculation and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Business Description

Iceland is a national UK food retailer specialising in frozen food with 852 stores in the UK. They offer their customers a range of over 2,500 food SKUs including frozen, chilled and grocery products. Their products range from everyday items such as milk, eggs and bread to an extensive range of approximately 900 frozen food SKUs covering a broad spectrum from ready meals, pizzas and party food to frozen meat, fish, poultry and vegetables.

Iceland are focused on the value-end of the retail market and trade from conveniently located stores throughout the UK. They have recently started selling a number of luxury food products through their online platform.

Capital at risk. No FSCS cover. See Risk Statement.


Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note” (fractions of corporate bonds). Each Note is backed by a specific bond.