Debt funding information.
Together’s business model is underpinned by a strong, diverse and flexible funding structure, comprising senior secured notes, a revolving credit facility, private and public securitisations and shareholder funds.
Public Instruments
Together’s Senior Secured Notes are detailed below:
| ISIN | 2026 SENIOR SECURED NOTES | 2027 SENIOR SECURED NOTES |
|---|---|---|
| Issue Date | 10/02/2020 | 25/01/2021 |
| Maturity Date | 15/01/2026 | 15/01/2027 |
| Amount | £435m | £500m |
| Coupon | 4.875% | 5.25% |
| Interest Payment Dates | 15/01 15/07 |
15/01 15/07 |
| S&P Ratings | BB- | BB- |
| Fitch Ratings | BB- | BB- |
| Ranking | Senior Secured | Senior Secured |
| Prospectus | Offering Memorandum | Offering Memorandum |
Together has a number of public residential mortgage backed securitisation (RMBS) and commercial real estate (CRE) transactions in issue. Links to the latest public reporting for these issuances can be found below:
TABS 3 – https://www.euroabs.com/IssueViewer.aspx?IssueID=27991
TABS4 – https://www.euroabs.com/IssueViewer.aspx?IssueID=28245
TABS5 – EuroABS Together Asset Backed Securitisation 2021-1ST1 plc
TABS6 – EuroABS Together Asset Backed Securitisation 2022-2ND1 PLC
TABS7 – EuroABS Together Asset Backed Securitisation 2022-1ST1 plc
TABS8 – EuroABS Together Asset Backed Securitisation 2023-1ST1 PLC
TABS CRE1 – https://www.euroabs.com/IssueViewer.aspx?IssueID=28245
TABS CRE2 – EuroABS Together Asset Backed Securitisation 2021 - CRE2
TABS CRE3 – EuroABS Together Asset Backed Securitisation 2022 - CRE-1