WM Morrison Supermarkets Limited, commonly known as Morrisons, was founded in 1899 and is headquartered in Bradford, England. The company operates as one of the largest supermarket chains in the UK, primarily focusing on grocery retailing, providing a wide array of food and non-food items, including fresh produce and household goods.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MRWLN 2.50% 2031-10-01 GBPWM Morrison Supermarkets Limited | United Kingdom | 2031-10-01 | 2.500 | 17.32 |
| MRWLN 3.50% 2026-07-27 GBPWM Morrison Supermarkets Limited | United Kingdom | 2026-07-27 | 3.500 | 3.67 |
| MRWLN 4.75% 2029-07-04 GBPWM Morrison Supermarkets Limited | United Kingdom | 2029-07-04 | 4.750 | 3.97 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Morrisons began issuing bonds in the early 2000s to fund its expansion and operational enhancements, with notable issuances in 2011 when they released a £300 million bond as part of their funding strategy. The company's bonds have generally been well-received, with current yields aligning closely with industry averages as of late 2023. In recent news, Morrisons successfully issued a 10-year bond in 2022 to refinance existing facilities, capitalizing on favorable market conditions, highlighting its stable credit rating and investor confidence in its future growth.