Aroundtown sterling debut highlights market strength
The sterling bond market is enjoying a golden age. That was in clear evidence this week when a German-focused property company with very few sterling assets to fund chose to sell its debut deal in the currency. Nigel Owen reports.
On Wednesday, Aroundtown took advantage of the very favourable conditions in the market as buyers seem to be lapping up everything sent their way by syndicate desks.
Recent deals have all been very well supported. Segro’s £750m dual tranche offering and Notting Hill Housing Trust’s £400m 40
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