Finance

Grainger issues £350m bond as it continues to realign debt profile

By 2020-06-29T08:02:00

Grainger Salford PRS

Source: Grainger to acquire PRS scheme in Salford

Grainger, the UK’s largest listed residential landlord, has issued a £350m bond as part of its strategy to extend it debt profile.

The move follows the company’s equity raise in February 2020, and offers investors 3% returns for 10 years. 

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