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Description Bond Information Company Information Documents

Business Description

Punch Taverns is a UK pub company, offering diverse and welcoming spaces for social experiences, drinks, food, and entertainment.

Bond Information

Coupon
6.125%
Current Yield
6.148%*
Yield to Maturity
6.455%*
Maturity Date
30 Jun 2026
Previous Payment
30 Dec 2024
Next Interest Payment
30 Jun 2025
Interest Period
6 months
ISIN
XS2357307664
Seniority
Senior Secured
Amount
£600,000,000
Ratings
Moody's:  B3
Fitch:  B+
Call Schedule
30 Jun 2023 at 103.063
30 Jun 2024 at 101.531
30 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
PUNCH FINANCE PL
Industry
Property
Country of Origin
UK
Year of Incorporation
1997
Ownership Status
Private

Important News

10 Jan 2022

Fortress Acquired Punch Pubs & Co. from Patron Capital

15 Dec 2021

Fortress Investment Group announced the acquisition of 100%, along with existing management, of the share capital of Punch Pubs & Co.

Full details here.

30 Nov 2021

Punch Pubs & Co are exploring the sale of the company with overall enterprise value estimated to be in the region of £1bn. Full details here

24 Jun 2021

Punch Finance plc announced the successful pricing of the offering of £600 million aggregate principal amount of 6.125% senior secured notes due 2026.

16 Jun 2021

Proposed offering of £600,000,000 Senior Secured Notes due 2026.

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