Wittur  (Germany)

Wittur International Holding GmbH

1968

Private

Status: Repaid

Coupon

8.5%

Maturity Date

15 Feb 2023

Repaid On

10 Oct 2019

Interest Period

6 months

Asset Security

Senior Unsecured

Industry

Technology

Amount

€225,000,000

ISIN

XS1188024548

Ratings

S&P:  CCC, Moody's:  Caa2

* 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

The Wittur Group, is a worldwide leading producer and supplier of elevator components. Founded 1968 in Germany, the group operates in Europe, Asia and Latin America and is headquartered in Wiedenzhausen, Germany.

Wittur started its business with the production of elevator doors only and has developed itself over time to an enterprise offering complete elevators and producing a wide range of elevator components such as:

  • Elevator doors (car doors and landing doors)
  • Lift machines
  • Safety devices (especially over-speed governors and safety gears)
  • Cars/Car slings
  • Shaft accessories
  • Complete elevator systems

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

 

Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note” (fractions of corporate bonds). Each Note is backed by a specific bond.