Jaguar Land Rover  3.875% 01 Mar 2023

Business Description

Jaguar Land Rover Automotive PLC is the holding company of Jaguar Land Rover Limited, a British multinational automotive company with its headquarters in Whitley, Coventry, United Kingdom, and a subsidiary of Indian automotive company Tata Motors.

Bond Information

Coupon

3.875%

Maturity Date

01 Mar 2023

Next Interest Payment

01 Mar 2020

Interest Period

6 months

ISIN

XS1195502031

Asset Security

Unsecured, guarantees from parent

Amount

£400,000,000

Ratings

S&P:  B+, Moody's:  B1, Fitch:  BB

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

Industry

Automotive

Country of Origin

UK

Year of Incorporation

1922

Ownership Status

Private

Capital Structure

Equity 100%

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.

Based on EV/EBITDA of 4.6x of listed parent Tata Motors as at 19 June 2018.

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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