
Associated British Foods plc, founded in 1932 and headquartered in London, UK, is a diversified international food, ingredients, and retail company committed to sustainability and delivering quality consumer products. The company's key segments include grocery (brands such as Ovaltine and Twinings), sugar production, and the well-known fashion retailer Primark, which operates in multiple countries across Europe and the United States.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
ABFLN 2.50% 2034-06-16 GBPAssociated British Foods plc | United Kingdom | 2034-06-16 | 2.500 | 5.19 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
AB Foods began issuing bonds in the 1980s, with significant issuances including a €500 million bond in 2018, which was utilized for general corporate purposes and debt refinancing. The company has maintained competitive yields, consistently outperforming industry averages due to its robust financial profile and diverse revenue streams. Notably, their 2020 bond issuance included unique sustainability-linked features, reflecting the growing trend towards responsible investing, a move that garnered positive reception among retail investors.