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Description Bond Information Company Information Capital Structure Key Financials Documents

Business Description

Ocado is a leading online grocery retailer and technology provider known for its advanced automation and AI-driven systems. The company offers an online grocery delivery service.

Bond Information

Coupon
10.5%
Current Yield
10.383%*
Yield to Maturity
10.157%*
Maturity Date
08 Aug 2029
Previous Payment
08 Feb 2025
Next Interest Payment
08 Aug 2025
Interest Period
6 months
ISIN
XS2871478058
Seniority
Unsecured
Amount
£450,000,000
Ratings
Moody's:  B3
Fitch:  B-
Call Schedule
08 Aug 2026 at 105.25
08 Aug 2027 at 102.625
08 Aug 2028 at 100
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
Ocado Group PLC
Industry
Technology
Country of Origin
UK
Year of Incorporation
2000
Ownership Status
Public

Capital Structure

Type £m x EBITDA* % of capitalisation* Maturity* EBITDA/Interest*
Unrestricted Cash na na na na na
Convertible bond (Dec-25) na na na na na
Senior unsecured note (Oct-26) na na na na na
Convertible bond (Jan-27) na na na na na
Convertible bond (Aug-29) na na na na na
Senior unsecured note (Aug-29) na na na na na
Other borrowings na na na na na
Lease Liabilities na na na na na
Total Net Debt na na na na na
Equity Value (May 2025) na na na na na
Enterprise Value na na na na na
LTM EBITDA 156          
Cash interest 56          

Source: Aggredium

* 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

Key Financials (£m) 2024A 2023A 2022A 2021A 2020A 2019A 2018A 2017A 2016A
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Important News

29 Apr 2025

OCADO GROUP PLC ANNOUNCES INVITATIONS TO HOLDERS TO TENDER CERTAIN NOTES FOR PURCHASE IN CASH

29 Apr 2025

Proposed Bond Offering

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