Liberty Living gets keen interest for sterling double debut

Liberty Living, the UK student accommodation provider, built a strong order book for its debut bond on Tuesday. It raised £500m, split equally between seven and 12 year tranches.

  • By Nigel Owen
  • 21 Nov 2017

The Baa2/BBB rated issuer has been owned by the Canada Pension Plan Investment Board since March 2015. It has a £2bn portfolio of 51 properties in 19 university towns and cities in the UK, allowing Liberty Living to partner with more than 40 educational institutions in those locations.

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