News
24 July 2018

M25 bond refinancing pricing guidance out

In:
Infrastructure, Transport
Region:
Europe

Pricing guidance for the Connect Plus (M25) £889 million senior secured 21-year fixed-rate bond refinancing has been circulated to investors at 125bp-130bp – slightly higher than the sub-100bp expectation at launch of the refinancing earlier this year. Standard & Poor’s has...

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