Intu Properties  3.875% 17 Mar 2023

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.

Bond Information

Coupon

3.875%

Maturity Date

17 Mar 2023

Next Interest Payment

17 Mar 2020

Interest Period

6 months

ISIN

XS0904228557

Asset Security

First ranking charge over company assets

Amount

£412,000,000

Ratings

Unrated

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

Intu (SGS) Finance plc

Industry

Property

Country of Origin

UK

Year of Incorporation

1980

Ownership Status

Public

Capital Structure

Senior Debt 82%

Junior Debt 6%

Equity 12%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Source: Public Company Information

* 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.

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Public Company information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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