Secured bond for UK consumer debt purchaser Cabot comes tight
Cabot Financial, the UK buyer of defaulted consumer debt, sold its £265m debut bond at the tight end of guidance on Thursday. The seven year senior unsecured deal was priced at par with a 10.375% coupon.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts