Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: Thomson Reuters StreetEvents
$75.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

British Land Company PLC Announces GBP200 Million Raised In US Private Placement Transactions


Friday, 6 Sep 2013 03:00am EDT 

British Land Company PLC announced that it has signed terms with two of its existing US investors for the issuance of GBP200 million 12 year notes, which will fund in the first quarter of 2014. The two Sterling fixed rate notes of GBP100 million each have been agreed with New York Life and Pricoa Capital Group, and swapped to an effective floating rate of 3 month LIBOR plus 103bp. The attractiveness of this funding opportunity was enhanced by the ability of the US investors to provide Sterling and to defer draw down, enabling the Group to continue to benefit from historical low margin bank facilities. 

Company Quote

691.5
3.0 +0.44%
8:17am EDT