Saga Plc, founded in 1984 and headquartered in Folkestone, United Kingdom, is a leading provider of services designed specifically for individuals aged 50 and over. The company focuses on offering travel, insurance, and leisure products, catering to a demographic that values tailored services and experiences.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SAGALN 5.50% 2026-07-15 GBPSaga Plc | United Kingdom | 2026-07-15 | 5.500 | 5.11 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Saga Plc has a notable history in bond issuances, having launched its first bonds in 2015 as part of its broader financing strategy. A significant issue occurred in 2017 when the company raised £65 million in a bond offering, aimed at enhancing its operational capacity. Currently, Saga's bonds offer yields that are competitive within the travel and insurance sector, reflecting the company's solid market position. Recent initiatives include refinancing efforts that provide flexibility in managing debt, bolstered by the resumption of demand in the travel sector post-pandemic.