Investors happy with 175bp for Eversholt after six years
Eversholt Rail, the UK railway carriage leasing company, returned to the bond market after a six year gap today, to borrow £400m of 25 year amortising debt.
Eversholt has existed since the privatisation of the UK's railways in 1994. Previous owners include Candover, HSBC and 3i. It is now owned by Cheung Kong Infrastructure Holdings and Cheung Kong (Holdings), and is rated BBB+ by Standard & Poor’s and A- by Fitch.Its first straight ...
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