Sainsbury's Bank PLC, established in 1997 and headquartered in Newcastle upon Tyne, is a retail bank and part of the UK's Sainsbury's Group. The bank provides a range of financial products, including savings accounts, personal loans, mortgages, and credit cards, catering to the needs of both individual and business customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SBRYBK 10.50% 2033-03-12 GBPSainsbury`s Bank PLC | United Kingdom | 2033-03-12 | 10.500 | 8.90 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Sainsbury's Bank has actively participated in the bond market, commencing bond issuances to support its funding requirements. One notable event was the launch of a £250 million bond in 2019, targeted at refinancing existing debt and enhancing liquidity amidst market fluctuations. As of late 2023, the bank's current bond yields are competitive compared to industry averages, reflecting its stable financial standing and investor confidence. Additionally, Sainsbury's Bank has issued green bonds to finance environmentally sustainable projects, aligning with heightened awareness of climate-related finance.