Debt funding information

Arrow Global Group has a number of debt facilities including, £285m revolving credit facility and a number of public bonds as detailed below:

	€965,000,000 Floating Rate Senior Secured Notes due 2029	€250,000,000 Fixed Rate 7.625% Senior Secured Notes due 2029	£250,000,000 Fixed Rate 9.625% Senior Secured Notes due 2029
Issue Date	11-Dec-24	11-Dec-24	11-Dec-24
Maturity Date	15-Dec-29	15-Dec-29	15-Dec-29
Amount	€965 million	€250 million	£250 million
Coupon	Three-month Euribor (with 0% floor) plus 5.5%	7.625%	9.625%
Interest Payment Date	Quarterly: on March 15, June 15, September 15 and December 15; commencing on March 15, 2025.	Semi-annually; on June 15 and December 15; commencing on June 15, 2025.	Semi-annually; on June 15 and December 15; commencing on June 15, 2025.
Fitch Rating	B+ (Stable)	B+ (Stable)	B+ (Stable)
S&P Rating	B (Stable)	B (Stable)	B (Stable)
Moody’s Rating	B2 (Negative)	B2 (Negative)	B2 (Negative)
ISIN (Reg S)	XS2953606584	XS2953607392	XS2953609687
ISIN (144a)	XS2953567745	XS2953568479	XS2953605008

Following the completion of a new issue, exchange and tender, the above bonds were issued with the following bonds remaining outstanding;

€33,062,000 EUR Floating Rate Senior Secured Notes due 15 November 2027, issued 8 November 2021 with an interest rate of three-month Euribor plus 462.5bps payable quarterly on 15 February, 15 May, 15 August and 15 November, ISIN XS2010027535 (reg S) XS2010027378 (Reg 144A)
€36,268,000 EUR Fixed Rate Senior Secured Notes due 15 November 2026, issued 8 November 2021 with an interest coupon of 4.50% payable semi annually on 15 May and 15 November, ISIN XS2010027022 (Reg S) XS2010027295 (Reg 144A)
£39,807,000 GBP Fixed Rate Senior Secured Notes due 15 November 2026, issued 8 November 2021 with an interest coupon of 6.00% payable semi annually on 15 May and 15 November, ISIN XS2010026990 (Reg S) XS2010026644 (Reg 144A)

An update was provided to credit investors on 4-5 November 2024. To view the presentation materials, please click here