Wise Group (WSE) joins £2bn note programme as guarantor
Rhea-AI Filing Summary
Wise Group plc reported that, with effect from 14 August 2026, it has acceded as a guarantor under Wise Financing plc’s £2,000,000,000 Euro Medium Term Note Programme and the existing £250,000,000 5.100 per cent. notes due 25 November 2030. These notes are guaranteed on a joint and several basis by Wise Limited (formerly Wise plc) and certain Wise Limited subsidiaries, and Wise Limited will remain a guarantor alongside Wise Group plc.
Notice of this accession has been delivered to holders of the notes in line with their terms. Wise describes itself as a global technology company for moving and managing money; in fiscal year 2026 it supported around 19 million people and businesses, processing over $240 billion in cross-border transactions and saving customers over $3 billion.
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Key Figures
Euro Medium Term Note Programme size: £2,000,000,000
Notes issued under Programme: £250,000,000
Coupon rate on notes: 5.100 per cent.
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7 metrics
Euro Medium Term Note Programme size
£2,000,000,000
Size of Wise Financing plc’s Euro Medium Term Note Programme guaranteed by Wise Group plc
Notes issued under Programme
£250,000,000
5.100 per cent. notes due 25 November 2030 issued under the Programme
Coupon rate on notes
5.100 per cent.
Interest rate on £250,000,000 notes due 25 November 2030
Notes maturity date
25 November 2030
Maturity of the £250,000,000 5.100 per cent. notes
Customers supported FY 2026
19 million
People and businesses supported in fiscal year 2026
Cross-border transactions FY 2026
$240 billion
Cross-border transaction volume processed in fiscal year 2026
Customer savings FY 2026
$3 billion
Amount customers saved in fiscal year 2026
Key Terms
Euro Medium Term Note Programme, scheme of arrangement, joint and several basis, Part 26 of the Companies Act 2006
4 terms
Euro Medium Term Note Programme financial
"Wise Group plc accedes as guarantor to the £2,000,000,000 Euro Medium Term Note Programme"
A euro medium term note programme is an ongoing arrangement that lets a borrower repeatedly issue bonds denominated in euros under a single set of documents, without arranging a new loan each time. Think of it like an approved credit line for selling multiple IOUs with different lengths and interest rates; it matters to investors because it signals how easily the issuer can raise debt, the range of terms available to buy, and the potential impact on credit risk and market liquidity.
scheme of arrangement regulatory
"relating to the Court's sanction of the scheme of arrangement under Part 26"
A scheme of arrangement is a legal agreement between a company and its shareholders or creditors to reorganize or settle debts, often to avoid bankruptcy or make big changes. It’s like a carefully planned handshake that everyone agrees to, helping the company stay afloat or improve its financial health.
joint and several basis financial
"notes due 25 November 2030, guaranteed on a joint and several basis"
Part 26 of the Companies Act 2006 regulatory
"the scheme of arrangement under Part 26 of the Companies Act 2006"
FAQ
What did Wise Group plc (WSE) announce regarding its Euro Medium Term Note Programme?
Wise Group plc announced it has acceded as a guarantor to Wise Financing plc’s £2,000,000,000 Euro Medium Term Note Programme. This also covers the existing £250,000,000 5.100% notes due 25 November 2030, which continue to be jointly and severally guaranteed.
When did Wise Group plc’s guarantee under the note programme become effective?
The accession as guarantor became effective on 14 August 2026. From that date, Wise Group plc guarantees the £2,000,000,000 Euro Medium Term Note Programme and the £250,000,000 5.100% notes due 25 November 2030, alongside Wise Limited and certain subsidiaries.
Does Wise Limited remain a guarantor after Wise Group plc acceded to the notes?
Yes. Wise Limited remains a guarantor of both the £2,000,000,000 Euro Medium Term Note Programme and the £250,000,000 5.100% notes. Wise Group plc’s accession adds an additional guarantor, and guarantees are on a joint and several basis with certain subsidiaries.
How large is Wise Group plc’s Euro Medium Term Note Programme mentioned in the 6-K?
The Euro Medium Term Note Programme has a size of £2,000,000,000. Under this programme, £250,000,000 5.100 per cent. notes due 25 November 2030 have been issued, now guaranteed by Wise Group plc, Wise Limited and certain Wise Limited subsidiaries.
What operating scale did Wise Group plc (WSE) report for fiscal year 2026?
In fiscal year 2026, Wise supported around 19 million people and businesses. It processed over $240 billion in cross-border transactions and reported that customers saved over $3 billion using its services to move and manage money internationally.
Where can investors access more information on Wise Group plc’s debt issuance?
Further information can be viewed at the Wise owner resources page for debt issuance, via the URL provided in the notice. The company states that notice of the accession as guarantor has also been delivered to holders of the notes in accordance with their terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
