Tesco Property Finance 2 Plc, located in the United Kingdom, was established to facilitate the financing and management of property assets within the broader Tesco Group. The company primarily offers secured funding solutions, including bond issuances specifically linked to real estate investment and development activities.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TSCOPR 6.05% 2039-10-13 GBPTesco Property Finance 2 Plc | United Kingdom | 2039-10-13 | 6.052 | 5.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Tesco Property Finance 2 Plc has been active in the bond market, first issuing bonds in 2007 to support its strategic initiatives. Notably, in 2020, the company launched a significant bond issuance that raised £300 million, aimed at refinancing existing debt and funding new property investments. Currently, the yield on its bonds stands at 3.5%, aligning closely with industry averages while providing an attractive investment opportunity for retail investors. Recent market conditions have prompted further interest in these bonds due to their stability and the issuer’s strong credit rating within the retail sector.