{"id":1400,"date":"2016-01-15T02:16:29","date_gmt":"2016-01-15T02:16:29","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1400"},"modified":"2016-01-05T15:20:01","modified_gmt":"2016-01-05T15:20:01","slug":"the-funding-of-vodafone-plc","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1400","title":{"rendered":"The Funding of Vodafone PLC."},"content":{"rendered":"

The FTSE 100 mobile phone operator is Vodafone PLC<\/p>\n

[http:\/\/www.vodafone.com<\/a>]<\/p>\n

To fund it day to day operations, apart of its revenues from sales, it has a funding programme based on borrowing on the bond market.<\/p>\n

Two funding mechanisms.<\/p>\n

http:\/\/www.vodafone.com\/content\/index\/investors\/debt_investors.html#<\/a><\/p>\n

Interesting to see the levels of debt that Vodafone is carrying.<\/p>\n

It’s US Dollar Programme:<\/p>\n

$22,739,400,000<\/strong><\/p>\n

It’s European Programme:<\/p>\n

\u20ac9,236,350,000<\/strong>
\n\u00a34,436,350,000<\/strong>
\nY3,000,000,000<\/strong><\/p>\n

Thus, the total:-<\/p>\n

$22,739,400,000 + \u20ac9,236,350,000 + \u00a34,436,350,000 + Y3,000,000,000<\/p>\n

That is in UK\u00a3<\/p>\n

\u00a326,696,669,300<\/strong><\/p>\n

Yes \u00a326.69 Billion<\/strong>, in outstanding loans. Investors (creditors) are willing to lend Vodafone huge\u00a0quantities of cash, for a stable income. This is what income investors such as pension funds are looking for, lending to a creditworthy business.<\/p>\n","protected":false},"excerpt":{"rendered":"

The FTSE 100 mobile phone operator is Vodafone PLC [http:\/\/www.vodafone.com] To fund it day to day operations, apart of its revenues from sales, it has a funding programme based on borrowing on the bond market. Two funding mechanisms. http:\/\/www.vodafone.com\/content\/index\/investors\/debt_investors.html# Interesting to see the levels of debt that Vodafone is carrying. It’s US Dollar Programme: $22,739,400,000 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1400","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1400"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1400\/revisions"}],"predecessor-version":[{"id":1402,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1400\/revisions\/1402"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}