Saga  3.375% 12 May 2024

Business Description

Saga is the UK’s leading provider of insurance, travel, personal finance and healthcare products and services tailored to the needs of the over 50s. A trusted brand with 97% recognition amongst the UKs over 50's, 2.7 million customers and a 65 year history. Saga is listed on the London Stock Exchange and is a FTSE100 constituent.

Saga's operations include:

  • Saga Holidays provides package holidays and tours across the globe. It owns and operates the cruise ships MS Saga Pearl and MS Saga Sapphire, as well as Titan Travel and luxury holiday company, Destinology.
  • Saga Services provides a wide range of Insurance products, Motor, Home, Travel, Caravan, Commercial Van, Pet, Private Medical, Life Insurance, Motorhome.
  • Saga Personal Finance provides savings accounts, credit cards, travel money, financial advice, equity release, share dealing, annuities, life assurance & long term care funding advice.
  • Saga Healthcare, made up of four businesses; Country Cousins, Patricia White’s, Saga Care at Home and Saga SOS Personal Alarms.
  • Saga also owns direct mail and fulfilment service, Metro Mail.

Bond Information

Coupon

3.375%

Maturity Date

12 May 2024

Next Interest Payment

12 May 2020

Interest Period

6 months

ISIN

XS1610655950

Asset Security

Unsecured

Amount

£250,000,000

Ratings

S&P:  BB, Moody's:  Ba1

Call Schedule

12 Feb 2024 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

Saga plc

Industry

Travel

Country of Origin

UK

Year of Incorporation

1959

Ownership Status

Public

Capital Structure

Senior Debt 16%

Junior Debt 28%

Equity 56%

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

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.

Market capitalisation on LSE as at 01.11.19

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Public Company 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.

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