Tesco signs its £1bn self-led deal, pulls in eight
Tesco, the UK supermarket group, proved that prestigious borrowers could still attract commitments, after it emerged this week it had signed a £1bn self-arranged loan, with eight banks providing the financing. The borrower, rated A3/A-/A, approached the market last month seeking to mandate lenders in a book-building process for its three year revolver.
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
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast
