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Business Description

Premier Foods is a UK-based food manufacturing company known for a diverse range of well-known brands, including convenience meals, soups, sauces, and desserts. They prioritise innovation and quality, serving consumers and retailers nationwide.

Bond Information

15 Oct 2026
Previous Payment
15 Apr 2025
Next Interest Payment
15 Oct 2025
Interest Period
6 months
XS2347091279
Senior Secured
£330,000,000
S&P:  BB
Moody's:  Ba3
15 Jun 2023 at 101.75
15 Jun 2024 at 100.875
15 Jun 2025 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
Premier Foods Investments
Industry
Consumer & Food
Country of Origin
UK
Year of Incorporation
1800
Ownership Status
Public

Capital Structure

Type £m x EBITDA* % of capitalisation* EBITDA/Interest*
Cash and equivalents na na na na
Super senior debt na na na na
Leases NPV na na na na
Net super senior debt na na na na
1st lien secured debt na na na na
Net debt na na na na
Equity value na na na na
Enterprise value na na na na
LTM EBITDA 182.30          
Cash Interest 20.40          

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

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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.