Finance

GPE raises £175m in US private placement at low 2.15% coupon

By 2017-03-29T18:47:00

30 Broadwick St GPE

Great Portland Estates has raised £175m through the issue of seven year US private placement notes at a fixed rate coupon of just 2.15% as part of a refinancing that will significantly extend the company’s debt maturity and slash its average interest rate.

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