Travelex is the world's leading foreign exchange specialist. The Group’s business is active across the entire value chain of the retail foreign exchange industry and its retail operations are all across the world. Over 30 million retail customers use Travelex every year. Its activities include the operation of retail foreign exchange stores, ATMs and online and mobile platforms for its retail customers; the preparation, processing and delivery of foreign currency orders for the Group’s partner customers; and the sourcing and distribution of large quantities of foreign currency banknotes for customers including from central banks and international financial institutions.
8.0%
7.7%*
5.9%*
15 May 2022
Next Interest Payment
15 May 2020
Interest Period
6 months
XS1577963306
Senior Secured
€390,000,000
15 May 2020 at 104
15 May 2021 at 102
15 Nov 2022 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 Legal Name
Industry
Banks & Financials
Country of Origin
UK
Year of Incorporation
1976
Ownership Status
Private
Source: 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.
† Usable cash adjusts cash for cash allocated to working capital (cash in tills, vaults and transit) and a consistent management estimate of cash required locally for regulatory purposes. In addition it is also adjusted for by using a notional estimate of local working capital requirements. This uses a consistent management estimate that two thirds of this cash (excluding cash held centrally) is not readily accessible as it is required for working capital requirements of the business.
‡ Based on mooted purchase multiple of Travelex by Bavaguthu Shetty in 2014
Source: Public Company information
€103.875
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