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Description Bond Information Company Information Documents

Business Description

NewDay is a prominent consumer finance company, offering credit products and responsible lending solutions. Their focus on tailored options and financial well-being makes them a trusted partner for customers.

Bond Information

Coupon
L+6.5%
Coupon Type
Floating
Current Yield
N/A*
Yield to Maturity
N/A*
Maturity Date
01 Feb 2023
Repaid On
13 Jul 2021
Previous Payment
01 Feb 2023
Interest Period
3 months
ISIN
XS1554449089
Seniority
Senior Secured
Amount
£150,000,000
Ratings
S&P:  B
Moody's:  B2
Call Schedule
01 Feb 2018 at 101
01 Feb 2019 at 100
Status
Repaid

* 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
Nemean Bondco plc
Industry
Banks & Financials
Country of Origin
UK
Year of Incorporation
2001
Ownership Status
Private

Important News

15 Aug 2024

Conditional Notice of Partial Redemption

21 Nov 2022

Offering of Senior Secured Notes

12 Jul 2021

NewDay Bondco Plc announces completion of placing of £50 million 7.375% Senior Secured Notes due 2024 and redemption of £150 million Senior Secured Floating Rate Notes due 2023

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Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are purchasing Fractional Bonds, each one backed by a specific bond. See Risk Statement.