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International bonds: InspirED Education, FRN 30sep2038, GBP (XS0257433853)

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Guaranteed, Variable rate, Inflation-linked coupon, Senior Secured

Status
Outstanding
Amount
262,348,760 GBP
Placement
***
Redemption (put/call option)
*** (-)
ACI on
Country of risk
United Kingdom
Current coupon
-
Price
-
Yield / Duration
-
Reports of guarantors / borrowers / offerers
Calculate in two clicks! yield, duration and other parameters
Calculate in two clicks! yield, duration and other parameters
Calculator What is a calculator?
  • Placement amount
    352,250,000 GBP
  • Outstanding amount
    262,348,760 GBP
  • USD equivalent
    352,203,210.3 USD
  • Minimum Settlement Amount
    50,000 GBP
  • ISIN
    XS0257433853
  • Common Code
    025743385
  • CFI
    DBVNAB
  • FIGI
    BBG0000CTZQ5
  • SEDOL
    B17PFV0
  • Ticker
    LNRK 2.0854 09/30/38 RPI

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Quotes from market participants are indicative

Stock exchange and OTC quotes

Quotes provided by information providers are indicative in nature

Issue information

  • Borrower
    Go to the issuer page
    InspirED Education
  • Full borrower / issuer name
    InspirED Education
  • Sector
    Corporate
  • Industry
    Education
Volume
  • Placement amount
    352,250,000 GBP
  • Outstanding amount
    262,348,760 GBP
  • Outstanding face value amount
    262,348,760 GBP
  • USD equivalent
    352,203,210 USD
Face value
  • Minimum Settlement Amount
    50,000 GBP
  • Outstanding face value
    *** GBP
  • Increment
    *** GBP
  • Face value
    1,000 GBP
Listing
  • Listing
    ***

Cash flow parameters

  • Variable rate type
    Floating rate
  • Indexation
    Inflation Linked
  • Reference rate
    UK Retail Prices Index (RPI)
  • Coupon Rate
    ***
  • Day count convention
    ***
  • Interest Accrual Date
    ***
  • Coupon frequency
    *** time(s) per year
  • Payment currency
    ***
  • Maturity date
    ***

Cash flow

Calculations for international bonds are made according to the minimum trading lot

Early redemption terms

***

explore the most comprehensive database

800 000

bonds globally

Over 400

pricing sources

80 000

stocks

9 000

ETF

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Bond Search
Watchlist
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×

— Are you looking for the complete & verified bond data?

— We have everything you need:

full data on over 700 000 bonds, stocks & ETFs; powerful bond screener; over 350 pricing sources among stock exchanges & OTC market; ratings & financial reports; user-friendly interface; available anywhere via Website, Excel Add-in and Mobile app.

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Why

You will have detailed descriptive & pricing data for 650K bonds, 76K stocks, 8K ETFs
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Placement

  • Placement method
    Open subscription
  • Placement
    ***
  • Initial issue price (yield)
  • Geographic breakdown
    ***
  • Investor breakdown
    ***
  • The purpose of placing
    The gross proceeds of the issue of the Bonds, expected to amount to approximately 320,247,739 GBP (excluding the Variation Bonds), will be used by Projects to fund the design, construction/refurbishment (including amounts payable under the Advance Works Agreement), management, finance and operating costs and other expenditure (including fees and incidental costs and expenses) in relation to the Project and to pay the expenses of Projects in relation to the issue of the Bonds, including the Manager’s combined management and underwriting commission, the XLCA Fee and certain of the issue and other related development costs. On the basis of the issue price of the Bonds of 99.999%, the gross yield of the Bonds (assuming an inflation rate of 3.0%) is 2.122% on a semi-annual basis. The total expenses to be paid by Projects in relation to the admission to trading will be up to 1,900,000 GBP exclusive of VAT. Following any sale of the Variation Bonds to a third party other than any member of the Projects Group pursuant to the terms of the Collateral Deed, such proceeds shall be used by Projects to fund the design, construction, management, finance and operating costs and other expenditure (including fees and incidental costs and expenses) in relation to the Project (as amended at that time).
Participants
  • Bookrunner
    ***

Conversion and exchange

  • Conversion terms
    ***

Additional information

Identifiers

  • ISIN
    XS0257433853
  • CUSIP
    ***
  • CUSIP 144A
    ***
  • Common Code
    025743385
  • CFI
    DBVNAB
  • FIGI
    BBG0000CTZQ5
  • WKN
    A0UGMP
  • SEDOL
    B17PFV0
  • Ticker
    LNRK 2.0854 09/30/38 RPI
  • Type of security by CBR
    ***

Bond classification

  • Senior Secured
  • Coupon bonds
  • Bearer
  • Variable rate
  • Guaranteed
  • Inflation-linked coupon
  • Redemption Linked
  • Amortization
  • Callable
  • CDO
  • Convertible
  • Dual currency bonds
  • For qualified investors (CIS region)
  • Foreign bonds
  • Green bonds
  • Inflation-linked principal
  • Supranational bond issues
  • Mortgage bonds
  • Perpetual
  • Payment-in-kind
  • Non-Marketable Securities
  • Restructuring
  • Retail bonds
  • Covered
  • Securitization
  • Structured product
  • Commercial Bonds
  • Subordinated
  • Sukuk
  • Trace-eligible

Restructuring

***

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