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Premier Foods  (UK)

Premier Foods Finance plc

1800

Public

Status: Performing

All payments are on time


6.25%

Maturity Date

15 Oct 2023

Next Interest Payment

15 Oct 2019

Interest Period

6 months

First ranking charge over company assets

Industry

Consumer & Food

£300,000,000

ISIN

XS1823568248

S&P:  B, Moody's:  B2, Fitch:  B

15 Jun 2020 at 103.125
15 Jun 2021 at 101.561
15 Jun 2022 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

Premier Foods is one of the UK's largest food producers, with approximately 95% of UK households buying one or more of their products every year.

The Company's segments include Grocery, Sweet Treats and International. The Grocery segment primarily sells savory ambient food products. The Sweet Treats segment sells sweet ambient food products.

Brands include Ambrosia, Angel Delight, Batchelors Soups, Bisto, Cadbury's cakes, Homepride, Lloyd Grossman, Lyons, Mr. Kipling, Oxo, Paxo and Sharwoods.

The business employs approximately 3,700 people and operates from 14 locations in the UK.

Capital at risk. No FSCS cover. See Risk Statement.

 

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