Intu Properties  (UK)

Intu (SGS) Finance plc

1980

Public

Status: Performing

All payments are on time

Coupon

3.875%

Current Yield

4.1%

*
Yield to Maturity

6.0%

*
Maturity Date

17 Mar 2023

Next Interest Payment

17 Mar 2020

Interest Period

6 months

Asset Security

First ranking charge over company assets

Industry

Property

Amount

£412,000,000

ISIN

XS0904228557

* 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

Intu Properties plc is a British real estate investment trust, focused on shopping centre management and development. The company owns or part-owns 17 shopping centres in the UK and 3 in Spain. The firm's shares are listed on the London and Johannesburg stock exchanges and the company is a constituent of the FTSE 250 Index.

The company was established by Sir Donald Gordon in 1980 under the name of Transatlantic Insurance Holdings plc as an offshoot Liberty Life Association of Africa. In 1992 it merged with Capital & Counties, a leading shopping centre developer, so securing itself a listing on the London Stock Exchange. It changed its name to Liberty International in 1996.

The company was split from Capital & Counties in 2010, and renamed to Capital Shopping Centres Group. In 2013 the company re-branded to Intu Properties.

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

 

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