Debt funding information
Q1 2025 Notice of Results – register here
Arrow Global Group has a number of debt facilities including, £285m revolving credit facility and asset backed loans and a number of public bonds as detailed below:
| €965,000,000 Floating Rate Senior Secured Notes due 2029 | €250,000,000 Fixed Rate 7.625% Senior Secured Notes due 2029 | £250,000,000 Fixed Rate 9.625% Senior Secured Notes due 2029 | |
|---|---|---|---|
| Issue date | 11 December 2024 | 11 December 2024 | 11 December 2024 |
| Maturity date | 15 December 2029 | 15 December 2029 | 15 December 2029 |
| Amount | €965 million | €250 million | £250 million |
| Coupon | Three-month EURIBOR (with a 0% floor) plus 5.5% | 7.625% | 9.625% |
| Interest payment dates | Quarterly: on March 15, June 15, September 15 and December 15; commencing on March 15, 2025 | Semi-annually; on June 15 and December 15; commencing on June 15, 2025 | Semi-annually; on June 15 and December 15; commencing on June 15, 2025 |
| Fitch Rating | B+ (Stable) | B+ (Stable) | B+ (Stable) |
| S&P Ratings | B (Stable) | B (Stable) | B (Stable) |
| Moody’s Rating | B2 (Stable) | B2 (Stable) | B2 (Stable) |
| ISIN (Reg S) | XS2953606584 | XS2953607392 | XS2953609687 |
| ISIN (144a) | XS2953567745 | XS2953568479 | XS2953605008 |
Following the completion of a new issue, exchange and tender, the above bonds were issued with the following bonds remaining outstanding;
- €33,062,000 EUR Floating Rate Senior Secured Notes due 15 November 2027, issued 8 November 2021 with an interest rate of three-month Euribor plus 462.5bps payable quarterly on 15 February, 15 May, 15 August and 15 November, ISIN XS2010027535 (reg S) XS2010027378 (Reg 144A)
- €36,268,000 EUR Fixed Rate Senior Secured Notes due 15 November 2026, issued 8 November 2021 with an interest coupon of 4.50% payable semi annually on 15 May and 15 November, ISIN XS2010027022 (Reg S) XS2010027295 (Reg 144A)
- £39,807,000 GBP Fixed Rate Senior Secured Notes due 15 November 2026, issued 8 November 2021 with an interest coupon of 6.00% payable semi annually on 15 May and 15 November, ISIN XS2010026990 (Reg S) XS2010026644 (Reg 144A)
An update was provided to credit investors on 4-5 November 2024. To view the presentation materials, please click here
On 13 June 2025, Arrow Global Group announced the pricing of Additional Senior Secured Notes. To view the full announcement, please click here
Ratings
Arrow Global Group corporate family ratings from Fitch Ratings, S&P and Moody’s are as follows:
| Rating | Outlook | Latest research | |
|---|---|---|---|
| Fitch Ratings | B+ | Stable | FitchRatings – June 2025 |
| S&P Global Ratings | B | Stable | S&P – January 2025 |
| Moody’s | B2 | Stable | Moody’s – January 2025 |
Debt investor contact
If you have any questions, please contact the Group Treasurer at treasury@arrowglobal.net