Howard de Walden Estate completes £280m private placement issue

Jenny Casebourne Howard de Walden

Howard de Walden Estates has completed a £280m private placement issue with eight institutional investors from the UK and US.

The first funding, on 9 January 2019, saw £160m drawn across four maturities, 15, 20, 25 and 30 years, at a weighted average fixed rate of 3.16%.

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