Shopping for interest has never been so fashionable! Earn with Debenhams.
We’ve added Debenhams 5.25% bonds to the WiseAlpha market. This one is for those who are looking for a contractual income/dividend yield but without taking the same price and volatility risk as the shares.
Debenhams 5.25% bonds due July 2021
• Founded in 1778, Debenhams is leading international, multi-channel retailer with over 240 stores across 27 countries
• Debenhams offers an exclusive mix of own brands, international brands and concessions. Its exclusive Designers at Debenhams portfolio of brands include Abigail Ahern, Jeff Banks, Jasper Conran, Sadie Frost and Jemima French, Patrick Grant, Henry Holland, Betty Jackson, Stephen Jones, Ben de Lisi, Todd Lynn, Julien Macdonald, Laura Oakes, Jenny Packham, Ren Pearce and Andrew Fionda, Aliza Reger, John Rocha, Ashley Thomas, Justin Thornton, Eric Van Peterson and Matthew Williamson
• Revenue has remained fairly stable over the past few years at around £2.3bn and EBITDA between £230-240m
• The £200m of bonds are supported by an equity market capitalisation of approximately £517m as at 25.07.17
Debenhams has a low amount of borrowing compared to peers and has 4 years to maturity plus it's got a big market cap behind it. Performance seems to be stable versus others as well so bonds hardly move.
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