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Business Description

Worldwide Flight Services, INC. (WFS) offers aircraft ground support services. The Company provides services such as cargo handling, global cargo logistics, cargo facilities management, training and safety, cargo documentation and handling, aircraft capacity management, security processing and live animal management. WFS serves customers worldwide.

Bond Information

Coupon
6.75%
15 Aug 2023
Repaid On
22 Feb 2022
Previous Payment
15 Aug 2023
Interest Period
6 months
XS1860216909
Senior Secured
€400,000,000
S&P:  NR
Moody's:  WR
15 Aug 2020 at 103.375
15 Aug 2021 at 101.688
15 Aug 2022 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

Industry
Business Services, Shipping & Logistics
Country of Origin
UK
Year of Incorporation
1971
Ownership Status
Private

Capital Structure

Type €m x EBITDA* % of capitalisation* EBITDA/Interest*
Cash and equivalents na na na na
Super senior debt na na na na
Leases NPV na na na na
Net super senior debt na na na na
1st lien secured debt na na na na
Net secured debt na na na na
Uncategorized debt na na na na
Net debt na na na na
Equity value na na na na
Enterprise value na na na na
LTM EBITDA 190.48          
Cash Interest 68.42          

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.

Key Financials

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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.