{"id":1430,"date":"2016-02-02T03:45:21","date_gmt":"2016-02-02T03:45:21","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1430"},"modified":"2016-01-11T07:46:32","modified_gmt":"2016-01-11T07:46:32","slug":"financing-of-tesco-plc","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1430","title":{"rendered":"Financing of Tesco PLC"},"content":{"rendered":"<p>Tesco PLC, is the largest UK supermarket retailer, that is in the middle of fixing it&#8217;s finances, after accounting issues. It has huge assets, for example sold 14 sites a few months ago and raised <strong>\u00a3250m<\/strong><\/p>\n<p><a href=\"http:\/\/www.tescoplc.com\/index.asp?pageid=17&amp;newsid=1222\" target=\"_blank\">http:\/\/www.tescoplc.com\/index.asp?pageid=17&amp;newsid=1222<\/a><\/p>\n<p>Tesco finances its operations through a combination of retained profits, long and medium term debt capital market issues, commercial paper, bank borrowings and leases, with the objective of ensuring continuity of funding.<\/p>\n<p><a href=\"http:\/\/www.tescoplc.com\/index.asp?pageid=32\" target=\"_blank\">http:\/\/www.tescoplc.com\/index.asp?pageid=32<\/a><\/p>\n<p>Tesco&#8217;s principal medium to long term funding is through its \u00a315bn Euro Note Programme.<br \/>\nWhen you look at the bond issues one can see the debt it is carrying:-<\/p>\n<p>EUR\u00a05.389<br \/>\nGBP\u00a03.097<br \/>\nUS$\u00a02.5<\/p>\n<p>In total of a facility of \u00a315bn is has issued:<\/p>\n<p>\u00a34.05 + \u00a33.097 +\u00a31.72 = <strong>\u00a38.867 Billion<\/strong><\/p>\n<p>This has tapped over 50% of its funding programme. Every little helps.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesco PLC, is the largest UK supermarket retailer, that is in the middle of fixing it&#8217;s finances, after accounting issues. It has huge assets, for example sold 14 sites a few months ago and raised \u00a3250m http:\/\/www.tescoplc.com\/index.asp?pageid=17&amp;newsid=1222 Tesco finances its operations through a combination of retained profits, long and medium term debt capital market issues, [&hellip;]<\/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-1430","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\/1430","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=1430"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1430\/revisions"}],"predecessor-version":[{"id":1431,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1430\/revisions\/1431"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1430"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}