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 29 March 2017
Maturity date 15 September 2024 1 March 2026 1 April 2025
Amount £320m (including £100m tap issue) Euro 285m 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 (stable outlook) BB (stable outlook) BB (stable 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-

Stable

S&P - May 2019.pdf

Moody’s

Ba3

Negative

Moody's June 2019.pdf

Debt investor contact

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