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Hi

I have a client who suddenly presented me with a share certificate for an old stock. No-one (including him) has heard of It.

Walmart UK LN Floating Rate Guaranteed Unsecured Loan Notes 2005 

So if anyone has any information on the following please help. was it part of the takeover of ASDA? what was base cost £ & dates of interest paid et

Any guidance gratefully received.

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By JazzySasha
05th Apr 2013 08:37

Wal-Mart Stores (UK) Ltd

My reference material says  -

Asda Group plc - issued in acquisition to holders of ord. 25p shares 27 July 1999. The loan notes were redeemable at par at holders option on any interest payment date (i.e March 31 and September 30 - commencing September 2000) The notes do not constitute a qualifying corporate bond.

 

The notes were redeemed at £100% on 30 September 2005.

 

Sorry, can't find anything with the rates of interest.

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Replying to Keith02:
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By littlelow
07th Apr 2013 20:46

Hi Jazzy Sasha

 

 

Thanks for the information - just what I needed!!

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