Debt funding information

Arrow Global Group plc has a number of debt facilities including, £285m revolving credit facility maturing 4 January 2024, £100m non-recourse Asset Backed Facility (ABS) entered into in April 2019 with a two year revolving period (option to extend by one year) followed by a three year amortisation period and a number of public bonds as detailed below.

ISIN

XS1486544098
(Rule 144A)


XS1486544254
(Reg S)

XS1713473434
(Rule 144A)


XS1713473350
(Reg S)

XS1533914831
(Rule 144A)
 

XS1533918824
(Reg S)

Issue date 9 September 2016 (£100m tap issued date 15 March 2018) 15 March 2018 (€75m tap issue date 12 February 2021) 29 March 2017
Maturity date 15 September 2024 1 March 2026 1 April 2025
Amount £320m (including £100m tap issue) Euro 360m (including €75m tap issue) Euro 400m
Coupon 5.125% Euribor plus 3.75% Euribor plus 2.875%
Interest payment dates 15 March
15 September
1 March
1 June
1 September
1 December
1 January
1 April
1 July
1 October
S&P Ratings BB- (negative outlook) BB- (negative outlook) BB- (negative outlook)
Moody's Ratings Ba3 (negative outlook) Ba3 (negative outlook) Ba3 (negative outlook)
Ranking Senior secured Senior secured Senior secured
Prospectus Offering Memorandum (GBP220m).pdf Offering Memorandum (EUR 285m & £100m).pdf Offering Memorandum (EUR 400m).pdf

Ratings

Arrow Global Group plc corporate family ratings from S&P and Moody’s are as follows:

 

Rating

Outlook

Latest research

S&P Global Ratings

BB-

Negative

S&P -Dec 2020

S&P - April 2021

Moody’s

Ba3

Negative

Moody's - Jan 2021

Moody’s - August 2021

Debt investor contact

If you have any questions, please contact Phil Shepherd, Group Treasurer, on treasury@arrowglobal.net