WPP Finance 2017 is a subsidiary of WPP plc, established to facilitate financing operations within the advertising and communications sector. Based in London, UK, the primary purpose of the company is to raise and manage funds to support various investments and operational needs of WPP. Key products include floating rate notes and fixed-rate bonds, aimed at providing flexible financing solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| WPPLN 3.75% 2032-05-19 GBPWPP Finance 2017 | United Kingdom | 2032-05-19 | 3.750 | 5.51 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, WPP Finance 2017 has been active in the bond market, with its first issuance dating back to 2017. The company has notably issued multi-tranche bonds, with a significant issuance in 2020 that raised £300 million to support strategic acquisitions. Current yields on its bonds are competitive within the industry, reflecting robust demand amidst favorable market conditions. The recent bond features include callable options, offering investors added flexibility, and the company remains committed to maintaining a strong liquidity position amidst ongoing market volatility.