Towergate angles for UK support in debut HY bond
Towergate Finance plc, a subsidiary of UK privately-owned insurance company Towergate Partnership, is expected to rely on domestic support for a £665m-equivalent high yield bond that it announced on Friday, a debut issue which is part of a broader debt refinancing.
The company is meeting investors in London on Wednesday before visiting the US at the end of the week. Towergate began its roadshow in Paris and Amsterdam on Monday. The London investor meetings will comprise a breakfast in the West End and a lunch in the City.
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