
IHG Finance LLC, founded in 2003 and headquartered in the United Kingdom, operates as a finance subsidiary of InterContinental Hotels Group (IHG), focusing on providing efficient financial solutions to support its parent company's global operations. The company primarily specializes in issuing bonds to finance hotel development, acquisitions, and working capital requirements.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
IHGLN 3.63% 2031-09-27 EURIHG Finance LLC | United States | 2031-09-27 | 3.625 | 3.49 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
IHG Finance LLC first entered the bond market in 2005, with its inaugural issuance aimed at raising funds for strategic expansion initiatives. Notably, in 2021, the company launched a landmark bond offering valued at €300 million, with a 7-year maturity, aimed at refinancing existing debt and enhancing liquidity; the bond was well-received, reflecting strong investor confidence. Currently, IHG Finance LLC's bonds yield approximately 2.5%, which is competitive within the hospitality sector, and its recent issuances include features such as callable options that provide flexibility in managing financial liabilities.