Debt funding information
See Half Year 2023 Notice of Results information 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:
| €640,000,000 Floating Rate Senior Secured Notes due 2027
|
€400,000,000 Fixed Rate 4.50% Senior Secured Notes due 2026
|
£350,000,000 Fixed Rate 6.00% Senior Secured Notes due 2026
|
|
|---|---|---|---|
| Issue date | 8 November 2021 | 8 November 2021 | 8 November 2021 |
| Maturity date | 15 November 2027 | 15 November 2026 | 15 November 2026 |
| Amount | €640 million | €400 million | £350 million |
| Coupon | Three-month EURIBOR (with a 0% floor) plus 462.5 bps | 4.5% | 6% |
| Interest payment dates | Quarterly: on February 15, May 15, August 15, and November 15, of each year, commencing on February 15, 2022 | Semi-annually: on May 15, and November 15, of each year, commencing on May 15, 2022 | Semi-annually: on May 15, and November 15, of each year, commencing on May 15, 2022 |
| Fitch Rating | BB- (Stable) | BB- (Stable) | BB- (Stable) |
| S&P Ratings | B+ (Stable) | B+ (Stable) | B+ (Stable) |
| Moody’s Ratings | B1 (Stable) | B1 (Stable) | B1 (Stable) |
| Ranking | Senior secured | Senior secured | Senior secured |
| ISIN (Reg S) | XS2010027535 | XS2010027022 | XS2010026990 |
| ISIN (Reg 144A) | XS2010027378 | XS2010027295 | XS2010026644 |
| Prospectus | Offering Memorandum.pdf | ||
Ratings
Arrow Global Group corporate family ratings from Fitch Ratings, S&P and Moody’s are as follows:
| Rating | Outlook | Latest research | |
|---|---|---|---|
| Fitch Ratings | BB- | Stable | FitchRatings – August 2023 |
| S&P Global Ratings | B+ | Stable | S&P – October 2021 |
| Moody’s | B1 | Stable | Moody’s – August 2023 |
Debt investor contact
If you have any questions, please contact Group Treasurer, on treasury@arrowglobal.net
Results, reports & presentations
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Financial calendar
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