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Business Description

Travelex is a international foreign exchange company, offering convenient and reliable currency exchange and money transfer services. They serve travelers and businesses worldwide.

Bond Information

Coupon
12.5%

0.5% Cash and 12% PIK or 5% Cash and 7.5% PIK

05 Aug 2025
Previous Payment
05 Feb 2025
Next Interest Payment
05 May 2025
Interest Period
3 months
XS2248458049
Unsecured, PIK
£293,893,603
Unrated
05 Aug 2020 at 103
05 Aug 2021 at 102
05 Aug 2022 at 101
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
TRAVELEX TOPCO LIMITED
Industry
Banks & Financials
Country of Origin
United Kingdom
Year of Incorporation
2020
Ownership Status
Private

Important News

29 Sep 2023

Travelex owners considering sale of company

03 Nov 2020

Deferral of Interest Payment Date and update on Listing Status

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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.