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Business Description

PureGym is a leading UK fitness chain, offering accessible and affordable gym facilities. They prioritise health and well-being, providing a variety of equipment and classes for individuals.

Bond Information

Coupon
6.375%
15 Feb 2025
Repaid On
17 Oct 2023
Previous Payment
15 Feb 2025
Interest Period
6 months
XS1756633126
Senior Secured
£390,000,000
S&P:  NR
Moody's:  B3
Fitch:  B-
25 Feb 2021 at 103.188
25 Feb 2022 at 101.594
25 Feb 2023 at 100
Status
Repaid

* 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
Pinnacle Bidco plc
Industry
Retail
Country of Origin
UK
Year of Incorporation
2008
Ownership Status
Private

Capital Structure

Type £m x EBITDA* % of capitalisation* EBITDA/Interest*
Cash and equivalents 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 210.26          
Cash Interest 106.10          

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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Important News

03 Feb 2022

Completion of equity investment.

15 Dec 2021

PureGym raises £300m equity investment to fund expansion.

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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.