Associated British Ports first bond issuer to try switching existing bond to Sonia

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Associated British Ports first bond issuer to try switching existing bond to Sonia

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DYWB79 Associated British Ports, Southampton UK | Alamy Stock Photo

Associated British Ports is planning to become the first bond issuer to solicit the consent of bondholders to change the terms, so that the coupon switches from Libor to Sonia.

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