Talk Talk  5.375% 15 Jan 2022

Business Description

TalkTalk Telecom Group plc is a company headquartered in London, which provides pay television, telecommunications, Internet access, and mobile network services to businesses and consumers in the United Kingdom. It was founded in 2003 as a subsidiary of Carphone Warehouse and was demerged as a standalone company in March 2010.

Originally just a provider of fixed line telephony services to consumers, TalkTalk now offers fixed and mobile telephony and broadband services to consumers under the TalkTalk brand, and telephony and broadband services to business customers under the TalkTalk Business brand. Like some other UK broadband providers, TalkTalk has invested in its own exchange infrastructure, known as local-loop-unbundling (LLU), with 92% of its customer base unbundled as of December 2012. Since August 2012, TalkTalk has become the UK's second quadruple play service after Virgin Media, offering TV, broadband, phone, and mobile services.

TalkTalk is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Bond Information

Coupon

5.375%

Maturity Date

15 Jan 2022

Next Interest Payment

15 Jan 2020

Interest Period

6 months

ISIN

XS1550932344

Asset Security

Unsecured

Amount

£400,000,000

Ratings

S&P:  BB-, Fitch:  BB-

Call Schedule

15 Jan 2019 at 102.688
15 Jan 2020 at 101.344
15 Jan 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 Information

Company Legal Name

TalkTalk Telecom Group plc

Industry

Cable & Telecoms

Country of Origin

UK

Year of Incorporation

2003

Ownership Status

Public

Capital Structure

Senior Debt 32%

Equity 68%

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.

Based on market cap as at 08.07.17

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

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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