AmicusHorizon launched its debut £150 million bond issue into the capital markets on 6 March 2012 with a coupon of 5.25%. We issued £100 million of bond initially, for settlement on 13 March 2012. The bonds were issued at a spread of 215 bps over the 4.5% 2042 gilt, with an all in yield of 5.362%. The remaining £50 million bonds were sold by AmicusHorizon on 29 July 2013 for settlement on 2 September 2013. The bonds were sold at a spread of 120 bps, with an all in yield of 4.681%.
Our security was re-valued in June 2016, with the valuation showing a surplus of 34% over the required asset cover.
View our AmicusHorizon Bond Security Valuations here:
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