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Description Bond Information Company Information Documents

Business Description

Matalan is a UK retailer known for affordable clothing, homeware, and accessories. They prioritise value and style, making them a trusted choice for customers.

Bond Information

Coupon
10.0%
Current Yield
13.115%*
Yield to Maturity
22.010%*
Maturity Date
26 Jan 2028
Previous Payment
15 Apr 2025
Next Interest Payment
15 Oct 2025
Interest Period
6 months
ISIN
XS2580869613
Seniority
Senior Secured
Amount
£200,000,000
Ratings
Unrated
Call Schedule
16 Jul 2023 at 105
16 Jan 2024 at 102.5
16 Jul 2024 at 100
Status
Payments on time

* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Company Information

Company Legal Name
MARYLAND BIDCO LTD
Industry
Retail
Country of Origin
UK
Year of Incorporation
1985
Ownership Status
Private

Important News

17 Jan 2023

Announcement of Recapitalisation Transaction

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Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are purchasing Fractional Bonds, each one backed by a specific bond. See Risk Statement.