Selecta Group finances its operations through a mixture of senior secured notes which are due to mature in 2024. All three series of notes are listed on The International Stock Exchange, Guernsey, The Channel Islands.
The Group is currently rated B with a stable outlook from Standard & Poor’s Credit Service and B3 with a stable outlook with Moody’s Investor Service.
As at 31/10/2019, the Group had a well-spread maturity profile with outstanding senior secured notes as described below:
Standard & Poor’s Rating Service:
Corporate Credit Rating: B-
Senior Secured Notes: B-
Super Senior Revolving Credit Facility: B+
Moody’s Investor Service:
Corporate Family Rating: Caa1
Senior Secured Notes: Caa1
Sr Sec Bank Credit Facility: B2
The 2018 Annual Bond Report is available to download below. Please note this document is password protected. Please email firstname.lastname@example.org to request access.
Please download below all relevant documents for the Selecta Refinancing :
- Pricing Press Release
- Bond Offering Launch Press Release
- Cleansing Statement
- Tender Offer Launch Press Release
- Tender Offer Redemption Press Release
- Redemption Notice