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Wittur  (Germany)

Wittur International Holding GmbH

1968

Private

Status: Performing

All payments are on time


8.5%

Maturity Date

15 Feb 2023

Next Interest Payment

15 Feb 2020

Interest Period

6 months

Senior Unsecured

Industry

Technology

€225,000,000

ISIN

XS1188024548

S&P:  CCC, Moody's:  Caa2

15 Feb 2018 at 104.25
15 Feb 2019 at 102.125
15 Feb 2020 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

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

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.

WiseAlpha Technologies Limited (FRN: 751087) is authorised and regulated by the Financial Conduct Authority in the UK. It arranges and promotes the Notes issued by WiseAlpha Limited (BVI) and from time to time other WiseAlpha Product Issuers. Only WiseAlpha Technologies is regulated for the associated activities it conducts.
WiseAlpha Technologies Limited is a company registered in England, with its registered office at Level 39, One Canada Square, Canary Wharf, London E14 5AB (Company No. 08967521).
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