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Fixed income
Credit Rating
Ratings represent an evaluation of credit quality, conducted by independent financial analysis firms. Credit ratings and research can help investors assess marketplace value and degree of investment risk.
Standard & Poor's (S&P) and Moody's are leading global credit rating, research and risk analysis operations.
| Rating Agency | Long Term | Short Term |
|---|---|---|
| Moody’s | Ba2 | N/A |
| Standard and Poor’s | BB | B |
Listed debt
Below are details of CWC’s listed debt (debt quoted and traded on stock exchanges). Like most large organisations, CWC funds its operations through equity and debt as well as from funds generated its trading activities. This information is provided for debt/fixed income investors, analysts and credit rating agencies.
| US Dollar | ISIN | Outstanding | Coupon | Freq. | Maturity | Listing |
|---|---|---|---|---|---|---|
| Secured 20171 | USG7763MAA48 | $500m | 7.75% | S/A | 15/2/17 | London |
| Secured 20201 | USG77636AA91 | $400m | 8.75% | S/A | 1/2/20 | London |
Trustee on 2017 and 2020 Bond USD
Deutsche Bank AG
Debt & Agency Services
Global Transaction Banking
Trust & Securities Services
Deutsche Bank AG London
T: +44 207 545 8000.
| UK Sterling | ISIN | Outstanding | Coupon | Freq. | Maturity | Listing |
|---|---|---|---|---|---|---|
| Unsecured 20192 | XS0050504306 | £146.7m | 8.625% | A | 25/3/19 | London |
Trustees on 2019 Bonds GBP
Royal Exchange Trust Company Limited
C/O Capita Trust Company Limited
4th Floor 40 Dukes Place
London
EC3A 7NH
T: 020 3367 8200
F: 020 3170 0246
E: corporatetrusts@capita.co.uk
1 Issued by Sable International Finance Limited
2 Issued by Cable and Wireless International Finance B.V.
