Grafton Group 5.5% 2020 Retail Bond Offer


Interactive Investor is pleased to announce our participation in the latest bond offer from Grafton Group plc.

Grafton Group plc has launched a retail bond paying interest of 5.5% and due for expiry on the 15 July 2020.

This offer is open until 8 July 2013.  You should be aware that if demand is high, the Issuer may close the offer before this date so please make sure you apply ahead of the closing date.

The company:

Grafton Group plc is predominantly a UK and Ireland-based building materials group with 591 branches and a turnover of over €2 billion. With new operations in Belgium and Poland, further geographical expansion is planned as part of Grafton's strategy.

The Group has developed strong regional and national market positions in builder’s merchanting, DIY retailing and mortar manufacturing in Ireland and the UK. The Group's portfolio of businesses incorporates a number of market leading brands in each business activity.

The Retailing segment incorporates the market leader in DIY retailing in Ireland by turnover, trading nationally from 38 stores under the Woodie's DIY brand and a kitchens business that trades from 7 stores under the In-House and Panelling Centre brands.

Find ou further information on fundamentals and historic performance or visit Grafton Group plc site for further information.

Key documents

The Offer information below should be read in conjunction with the attached Information:

Grafton Group plc Information Booklet

Grafton Group plc Prospectus

Offer Features

Grafton Group Finance plc
FormatUnsecured, pari passu to all existing debt
Target size
Coupon5.5%pa, paid semi-annually
Settlement15 July 2013
Maturity15 July 2020 (7 years)
Listing/denomLondon / minimum subscription £2,000, tradable at face value of £1,000 plus increments of £100 thereafter
LeadInvestec Bank plc
Books open
24 June 2013, expected close 8th July 2013 (but may close earlier)

Act Now:

Call us now on 0845 200 3637 to participate in this offer.

New customers

In order to participate in this offer you will need to have an active account with us. Opening an account takes less than ten minutes.

Open an Account now

Then call us on 0845 200 3637 (Option1) to participate in this offer, or for further information.

Commission free – we do not charge customers a fee on the purchase of any New Issue. We will receive a distribution fee from the lead agent.

Product Risks:

When buying bonds, you should consider the issuer’s credit rating and their ability to repay their debt. This will have a direct bearing on the value of the investment. Should the issuer default, they may not make interest payments or be able to repay your money and your initial investment is at risk.

The market value of the bonds is subject to normal investment and market risks.  If you choose to sell your Bonds in the open market at any time prior to the Maturity Date, you may receive a lower price than what you paid for your initial investment. If you have any concerns about the suitability of this investment then you should contact a financial adviser.

Please note, we are acting as your agent in this transaction. We will receive remuneration from acting on your behalf. 

Investing in new issues carries a significant degree of risk and the value of your investment may fall significantly after the security is quoted on the open market.

Grafton Group Finance plc