Yell  8.5% 02 May 2023

Business Description

Yell.com is the UK's leading online business directory and provider of managed digital marketing services to small and medium enterprises (“SMEs”) for all types of local businesses in the UK.

Yell help SMEs build and maintain an effective online presence allowing them to interact with consumers in an increasingly complex digital world. They do this by helping local businesses engage with consumers through their online business directory, Yell.com, and by providing 132,000 SMEs with a comprehensive range of digital marketing solutions (including, for example, website creation and maintenance or social media, AdWords, video or display advertising campaigns).

Bond Information

Coupon

8.5%

Current Yield

11.3%*

Maturity Date

02 May 2023

Next Interest Payment

15 Mar 2020

Interest Period

6 months

ISIN

XS1813549257

Asset Security

First ranking charge over company assets

Amount

£225,000,000

Ratings

S&P:  B, Moody's:  B3

Call Schedule

02 May 2020 at 104.25
02 May 2021 at 102.125

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 Information

Company Legal Name

Yell Bondco plc

Industry

Entertainment, Media & Broadcasting

Country of Origin

UK

Year of Incorporation

2000

Ownership Status

Private

Capital Structure

Senior Debt 60%

Equity 40%

Cash

-1.2%

Senior Notes (combined)

6.2%

Content Liabilities

12.0%

Net Debt

17.0%

Equity

83.0%

Enterprise Value

100.0%

EDITDA

£883,000,000

Cash interest

£226,400,000

Source: Public 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.

Based on Shareholder reserves per offering memorandum dated 02 May 2018

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Public Company information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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