Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong.
Take 2 mins to learn more

Business Description

Founded in 1985, Travelodge is one of the largest hotel brand in the United Kingdom. Travelodge operates in the attractive mid-scale and economy sector of the hotel market and are positioned as a low-cost operator, offering standardised, modern guest rooms at affordable prices to both business and leisure customers.

Bond Information

Coupon
L+5.375%
Coupon Type
15 Jul 2025
Repaid On
12 May 2023
Previous Payment
15 Apr 2025
Interest Period
3 months
XS2021472084
Senior Secured
£440,000,000
S&P:  B-
Moody's:  WR
15 Jul 2020 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

Company Legal Name
TVL Finance plc
Industry
Travel
Country of Origin
UK
Year of Incorporation
1985
Ownership Status
Private

Capital Structure

Type £m x EBITDA* % of capitalisation* EBITDA/Interest*
Net debt na na na na

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.

Important News

28 Jul 2020

CVA update announcement

19 Jun 2020

Travelodge announces that creditors have approved it's CVA

Wisealpha circle logo

Invest from just £100 per bond

Capital at risk.

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.