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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%
15 Nov 2026
Repaid On
05 Feb 2021
Previous Payment
15 May 2025
Interest Period
6 months
XS1843460103
Unsecured
€620,000,000
S&P:  NR
Moody's:  WR
Fitch:  WD
15 Nov 2021 at 103.438
15 Nov 2022 at 101.719
15 Nov 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

Industry
Banks & Financials
Country of Origin
USA
Year of Incorporation
2018
Ownership Status
Private

Capital Structure

Senior Debt 53%

Junior Debt 18%

Equity 29%

Type €m x EBITDA* % of capitalisation* EBITDA/Interest*
Cash and equivalents na na na na
Super senior debt 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 1,577          
Cash Interest 296          

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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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.