Lowell (Garfunkelux)  (UK & Germany)

Garfunkelux Holdco 2 S.A.



Status: Performing

All payments are on time



Maturity Date

01 Nov 2023

Next Interest Payment

01 Nov 2019

Interest Period

6 months

Unsecured, guarantees from parent


Banks & Financials




S&P:  B-, Moody's:  Caa2

01 Nov 2018 at 108.25
01 Nov 2019 at 105.5
01 Nov 2020 at 102.75
01 Nov 2021 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

Lowell was formed in late 2015 following the acquisition of GFKL Group, Germany's largest receivables management business and Lowell Group, the UK's largest debt purchasing and collections business. In 2017 Lowell acquired the Intrum’s ‘carve-out’ business, formerly badged Lindorff, gaining businesses in Sweden, Estonia, Finland, Denmark, and Norway.

Lowell is Europe’s second largest credit management player with market leading positions in the UK, Germany, and the Nordic regions. The company's expertise is in debt purchasing, third party collection and business process outsourcing. The company has over 2,300 employees across eleven locations.

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.