First Pay: 2027-05-15; Redemption: 2029-07-31; Registration: 144A/Reg S; Comments: 2.600% DBR due 15 August 2033. MWC: B+50. Tax Call: Yes. CoC: 101%;
First Pay: 2026-11-15; Redemption: 2027-07-31; Registration: 144A/Reg S; Comments: MWC: B+50. Tax Call: Yes. CoC: 101%;
Guarantor(s)
WD FF Midco Ltd, Iceland Acquico Ltd, Iceland Foods Group Ltd, Bejam Group Ltd and Iceland Foods Ltd
Use of Proceeds
Redeem in full existing £255m SSNs due 2027 and €250m FRNs due 2027, (ii) pay redemption costs, (iii) fund cash on balance sheet and (iv) pay costs, fees and expenses