Refinitiv  6.875% 15 Nov 2026

Description Bond Information Company Information Capital Structure Key Financials Reports News & Stories

Business Description

Refinitiv (formerly Reuters Financial & Risk) is the product of a $20bn deal between Thomson Reuters and the private equity firm Blackstone in 2018.

Refinitiv provides data & analytics services, supplying over 400,000 users worldwide with data on more than 12.7 million fixed income securities and 8 million companies. Refintiv's customer base includes 5,000+ investment firms who use Refinitiv's data to make investment decisions and transact on a daily basis.

The London Stock Exchange recently agreed to buy the company for $27bn.

Bond Information

Coupon

6.875%

Maturity Date

15 Nov 2026

Next Interest Payment

15 May 2020

Interest Period

6 months

ISIN

XS1843460103

Asset Security

Unsecured

Amount

€620,000,000

Ratings

S&P:  B-

Call Schedule

15 Nov 2021 at 103.438
15 Nov 2022 at 101.719
15 Nov 2023 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

Financial & Risk US Holdings, Inc.

Year of Incorporation

2018

Ownership Status

Private Limited Company

Country of Origin

United States

Industry

Banks & Financials

Capital Structure

Senior Debt

53%

Junior Debt

18%

Equity

29%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Type €m x EBITDA* % of capitalisation* Maturity* Coupon* EBITDA/Interest*
Cash na na na na na na
Net Senior Secured Debt na na na na na na
$1.8bn Senior Notes na na na na na na
(Euro equivalent of $700m) Senior Notes na na na na na na
$2bn Senior Secured Notes na na na na na na
(Euro equivalent of $1bn) Senior Secured Notes na na na na na na
PIK preferred stock na na na na na na
Implied Equity Value na na na na na na
Net Capitalisation na na na na na na
Dollar Term Loan Facility na na na na na na
Euro Term Loan Facility na na na na na na
Net Total Debt na na na na na na
             
EBITDA 1,944          
Cash Interest 848          

Source: Public Company Information

* 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

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Key Financials (£m) 2015A 2016A 2017A 2018A
n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a
n/a n/a n/a n/a n/a

Source: Public Company information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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