Next plc, founded in 1982 and headquartered in Enderby, United Kingdom, is a prominent multinational clothing, footwear, and home products retailer. The company operates over 500 stores across the UK and Ireland, alongside a strong online presence, offering a diverse range of products that include fashionable apparel, shoes, and home furnishings.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NXTLN 4.38% 2026-10-02 GBPNext plc. | United Kingdom | 2026-10-02 | 4.375 | 4.10 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Next plc began issuing bonds as part of its funding strategy in the early 2000s, with its first significant issuance occurring in 2008. The company has a strong track record in the bond market, with notable issuances including a £300 million bond in 2019 with a yield of 2.5%, which was aimed at refinancing existing debt. Next's bonds are generally considered stable investments, with yields that often sit below the industry average, reflecting the company's robust financial health and creditworthiness. Recent news includes their plans to issue further bonds to support expansion into new markets and enhance digital capabilities.