Unrated John Lewis wins broad interest for £300m 20 year bond

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Unrated John Lewis wins broad interest for £300m 20 year bond

John Lewis 230x150 department store
Friday, Nov. 7, 2014. Photographer: Jason Alden Photographer: Jason Alden www.jasonalden.com 0781 063 1642 | Jason Alden

UK department store chain John Lewis issued a £300m 20 year bond comfortably on Thursday, getting double the volume of orders needed, despite not having a rating.

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