Information on the classes of debt within Greene King securitisation and Spirit debenture

Classes of debt within the Greene King securitisation

Class A1
Amount as at 28 April 2019: £85.0m
Legal Maturity Date: 15 Jun 2031
Coupon: 3-month LIBOR +0.95%
Ratings: BBB/BBB+

 

Class A2
Amount as at 28 April 2019: £219.3 million
Legal Maturity Date: 15 Sep 2031
Coupon: 5.318%
Ratings: BBB/BBB+

 

Class A3
Amount as at 28 April 2019: £35.4million
Legal Maturity Date: 15 Sep 2021
Coupon: 3-month LIBOR +1.25%
Ratings: BBB/BBB+

 

Class A4
Amount as at 28 April 2019: £258.9 million
Legal Maturity Date: 15 Mar 2034
Coupon: 5.106%
Ratings: BBB/BBB+

 

Class A5
Amount as at 28 April 2019: £218.0 million
Legal Maturity Date: 15 Dec 2033
Coupon: 3-month LIBOR +2.50%
Ratings: BBB/BBB+

 

Class A6
Amount as at 28 April 2019: £264.2 million
Legal Maturity Date: 15 Mar 2035
Coupon: 4.0643%
Ratings: BBB/BBB+

 

Class A7
Amount as at 28 April 2019:    £250 million            
Legal Maturity Date: 15 Mar 2035
Coupon: 3.593%
Ratings: BBB/BBB+

 

 

Class AB2
Amount as at 28 April 2019: £40 million
Legal Maturity Date: 15 Mar 2036
Coupon: 6.0552%
Ratings: BBB-/BBB

 

Class B1
Amount as at 28 April 2019: £120.9 million
Legal Maturity Date: 15 Dec 2034
Coupon: 5.702% to Mar 2020 and 3m LIBOR +1.80% thereafter
Ratings: BB+/BBB-

 

Class B2
Amount as at 28 April 2019: £99.9 million
Legal Maturity Date: 15 Mar 2036
Coupon: 3-month LIBOR +2.080%
Ratings: BB+/BBB-

 

Classes of debt within the Spirit debenture

Class A2
Amount as at 28 April 2019 £186.6 million
Legal Maturity Date: 28 Dec 2031
Coupon: 3-month LIBOR +2.70%
Ratings: BB+/BB/Ba1

 

Class A4*
Amount as at 28 April 2019: £93.5 million
Legal Maturity Date: 28 Dec 27
Coupon: 3m LIBOR +2.775% 
Ratings: BB+/BB/Ba1

*Fully prepaid on 28 June 2019  

Class A5
Amount as at 28 April 2019: £96.7 million
Legal Maturity Date: 28 Dec 34
Coupon: 5.472% to Dec 2028 and 3-month LIBOR +0.75% thereafter
Ratings: BB+/BB/Ba1