Debt funding information

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 - October 2021

FitchRatings - November 2021

S&P Global Ratings

B+

Stable

S&P - October 2021

Moody’s

B1

Stable

Moody's - October 2021

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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