Premium Credit
Business Description
Premium Credit provides loans for individuals and companies, allowing them to spread payments for insurance and other financial products.
The group is the UK’s largest provider of insurance-premium finance with a market share of 60% and more than 2m customers.
Although the group’s main business is insurance, it has expanded into instalment plans for school fees and sports and leisure-club membership in recent years. It sells its products through about 3,000 brokers as well as insurers and Lloyd’s of London syndicates.
Bond Information
01 May 2018 at 103.5
01 May 2019 at 101.75
01 May 2020 at 100
* 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
Capital Structure
Source: Public company information. EBITDA used for calculations is last 12 months.
* 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.
† Based off multiple paid by Cinven in Feb 2015
Key Financials
Invest from just £100 per bond
See Risk Statement and FAQs.
Capital at risk.
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.
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