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Business Description

Lowell (Garfunkelux) is a notable credit management company, specialising in debt purchasing and collection services. They prioritise responsible debt management and play a crucial role in the financial industry, finding sustainable solutions for clients and consumers.

Bond Information

Coupon
7.75%
01 Nov 2025
Previous Payment
01 Nov 2024
Next Interest Payment
01 May 2025
Interest Period
6 months
XS2250155467
Senior Secured
£440,000,000
Moody's:  Caa1
Fitch:  CCC
01 Nov 2022 at 101.938
01 Nov 2023 at 100
Status
Payments on time

* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.

Company Information

Company Legal Name
Garfunkelux Holdco 3 S.A
Industry
Banks & Financials
Country of Origin
UK & Germany
Year of Incorporation
2015
Ownership Status
Private

Important News

14 Apr 2022

Lowell to acquire Hoist Finance UK

04 Nov 2020

Pricing of senior secured notes

21 Oct 2020

Proposed offering of senior secured notes and refinancing of 8.5% Senior Secured & 11% Unsecured bonds.

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Capital at risk.

Please note as a WiseAlpha member you are not lending directly to the corporate borrower. Instead, you are purchasing Fractional Bonds, each one backed by a specific bond. See Risk Statement.