Tesco Property Finance, established in the United Kingdom as a subsidiary of Tesco PLC, operates with the primary purpose of providing property financing solutions tailored for the retail and commercial sectors. The company focuses on delivering competitive loans and funding options that support Tesco's vast property portfolio as well as associated investment initiatives.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TSCOPR 5.66% 2041-10-13 GBPTesco Property Finance | United Kingdom | 2041-10-13 | 5.661 | 5.93 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception in 2007, Tesco Property Finance has engaged in significant bond issuances to bolster its financial strategies, with notable activities including a £500 million bond placement in 2015 aimed at refinancing existing debts. As of October 2023, the company's bonds yield around 3.2%, positioning them favorably within the retail sector compared to industry averages. The issuer also gained attention in 2021 for its successful €1 billion green bond issuance, showcasing its commitment to sustainable financing practices.