The RAC is headquartered in Birmingham with approximately 4,000 dedicated staff operating from four bases throughout the UK and provides motor-related services to both consumers and corporate clients. They have over 8.6 million members. The RAC offers vehicle and breakdown services through a nationwide, branded patrol force, focusing primarily on vehicle repair and recovery. They boast the world's most advanced computer systems to deal with roadside assistance calls.
In 2016, the RAC's patrol force attended to 2.4 million rescue breakdowns. In addition, the RAC provides motor insurance broking services and offers a suite of legal and motor claims services, which provide both consumers and corporate customers with legal cover and advice as well as a range of claims management services.
5.0%
5.5%*
8.6%*
06 Nov 2022
Next Interest Payment
06 May 2020
Interest Period
6 months
XS1645523579
Second Lien, Whole Business Securitisation
£275,000,000
14 Jul 2019 at 102.5
14 Jul 2020 at 101.25
14 Jul 2021 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 Legal Name
Industry
Services
Country of Origin
UK
Year of Incorporation
1897
Ownership Status
Private
Source: Public Company information, Press, Market supplements
* 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 on equity purchase price paid in November 2014 by GIC for 50% stake.
Source: Public information, Press reports, market reports. Financials updated for recent acquisitions and shown on a comparable basis for prior years
£91.0
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