Shop Direct  (UK)

Shop Direct Funding plc

2005

Private

Status: Performing

All payments are on time


7.75%

Maturity Date

15 Nov 2022

Next Interest Payment

15 Nov 2019

Interest Period

6 months

First Ranking charge over company assets

Industry

Retail

£550,000,000

ISIN

XS1709298969

Moody's:  B2, Fitch:  B

15 Nov 2019 at 103.875
15 Nov 2020 at 101.938
15 Nov 2021 at 100

* Current Yield and Yield to Maturity are an estimated return calculation and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Business Description

With annual sales of £1.9bn, Shop Direct is the UK’s second largest pureplay digital retailer. Their digital department stores Very.co.uk, VeryExclusive.co.uk, Littlewoods.com and LittlewoodsIreland.ie sell over 1,300 famous brands and receive over 1.2 million website visits a day, with 62% of online sales completed on mobile devices.

With their department store range of famous brands, market-leading eCommerce and technology capabilities and unique financial services products offering flexible ways to pay, we make good things easily accessible to more people.

Capital at risk. No FSCS cover. See Risk Statement.

 

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