{"id":1945,"date":"2017-01-31T01:10:28","date_gmt":"2017-01-31T01:10:28","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1945"},"modified":"2016-12-23T11:11:40","modified_gmt":"2016-12-23T11:11:40","slug":"the-debt-of-marks-and-spencer","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1945","title":{"rendered":"The Debt of Marks and Spencer"},"content":{"rendered":"<p>The Debt of Marks and Spencer<\/p>\n<p>Marks and Spencer PLC, the famous UK retailer, has a debt programme to fund its business operations.<\/p>\n<p><a href=\"http:\/\/corporate.marksandspencer.com\/investors\/debt-investors#edbb67e737a24f9d86ad48628067e7e5\" target=\"_blank\">http:\/\/corporate.marksandspencer.com\/investors\/debt-investors#edbb67e737a24f9d86ad48628067e7e5<\/a><\/p>\n<p>April 2021\u00a0 Syndicated revolving credit facility\u00a0 <strong>\u00a31.1bn<\/strong><br \/>\n2017\u00a0 <strong>US$500m\u00a0<\/strong> 6.250% Semi-annually<br \/>\n2019\u00a0 <strong>\u00a3400m\u00a0<\/strong> 6.125% Annually<br \/>\n2021\u00a0 \u00a3<strong>300m\u00a0<\/strong> 6.125% Annually<br \/>\n2037\u00a0 <strong>US$300m<\/strong>\u00a0 7.125% Semi-annually<br \/>\n2025 <strong>\u00a3400m<\/strong>\u00a0 4.750% Annually<\/p>\n<p>That equates to:-<\/p>\n<p>\u00a31,100m + US$500m + \u00a3400m + \u00a3300m + US$300m + \u00a3400m =<\/p>\n<p>\u00a31100m + \u00a3405m + \u00a3400m + \u00a3300m + \u00a3243m + \u00a3400m = <strong>\u00a32,848m<\/strong><\/p>\n<p>that is <strong>\u00a32.848 Billion<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Debt of Marks and Spencer Marks and Spencer PLC, the famous UK retailer, has a debt programme to fund its business operations. http:\/\/corporate.marksandspencer.com\/investors\/debt-investors#edbb67e737a24f9d86ad48628067e7e5 April 2021\u00a0 Syndicated revolving credit facility\u00a0 \u00a31.1bn 2017\u00a0 US$500m\u00a0 6.250% Semi-annually 2019\u00a0 \u00a3400m\u00a0 6.125% Annually 2021\u00a0 \u00a3300m\u00a0 6.125% Annually 2037\u00a0 US$300m\u00a0 7.125% Semi-annually 2025 \u00a3400m\u00a0 4.750% Annually That equates to:- \u00a31,100m [&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-1945","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\/1945","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=1945"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1945\/revisions"}],"predecessor-version":[{"id":1946,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1945\/revisions\/1946"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}