Tesco Property Finance 1 Plc, founded in 2007, is a UK-based finance company focused on providing funding solutions for property assets within the Tesco Group. The company primarily offers structured finance and debt instruments to facilitate property acquisitions and developments.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TSCOPR 7.62% 2039-07-13 GBPTesco Property Finance 1 Plc | United Kingdom | 2039-07-13 | 7.623 | 5.80 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Tesco Property Finance 1 Plc has been active in issuing bonds, starting with its inaugural issuance in 2010. Notably, the company issued a £500 million bond in 2014, which was used to finance the group's expansion plans. As of October 2023, their bonds yield approximately 2.5%, positioning them competitively within the retail finance market. The bonds typically feature fixed interest rates, contributing to the stability of returns for investors in the context of prevailing market conditions.