Bunzl’s core funding comprises bank facilities, US Private Placement Notes and Public Bonds.
The Group’s debt is rated by Standard & Poor’s as BBB+ (since November 2017) with a stable outlook.
Outstanding Public Bonds
|Bunzl Finance plc||GBP||300m||2.25%||11/12/2017||11/06/2025|
|Bunzl Finance plc||GBP||400m||1.50%||30/10/2020||30/10/2030|
The Public Market core issuance programme, which was originally launched in 2020, is a £1.5billion Euro Medium Term Note programme. This is listed on the International Securities Market of the London Stock Exchange and is guaranteed by Bunzl plc.