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Punch Taverns  (UK)

Punch Taverns Finance B Ltd

1997

Private

Status: Performing

All payments are on time


7.75%

Maturity Date

30 Dec 2025

Next Interest Payment

30 Sep 2019

Interest Period

3 months

Unsecured

Industry

Property

£72,911,000

ISIN

XS1114385955

S&P:  NA, Moody's:  NR, Fitch:  NR

Callable any time

* 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

Punch Taverns is a UK pub and bar operator with a diverse range of 1,300 high quality pub businesses. It was listed on the London Stock Exchange as a constituent of the FTSE SmallCap Index until its sale in 2016 to Patron Capital.

December 2016 Punch Taverns accepted a takeover bid of £403m with 1,900 pubs being sold to Heineken International for £305m and the remaining 1,300 pubs, as well as the company's liabilities, being taken over by Patron Capital.

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

 

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