Stagecoach brings back sterling with £400m deal

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Corporate Bonds

Stagecoach brings back sterling with £400m deal

Ross Lancaster
September 24, 2015 07:15 pm
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The RAC rescue service attends a breakdown on the M5 Motorway near Bridgend, Wales. | Ben Birchall/PA Archive/Press Association Images

Stagecoach Group, the UK bus and train operator, filled the book for a £400m bond issue more than twice over on Monday, breathing life into a previously empty sterling market.

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