Tritax Big Box signs debut US PP

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By Silas Brown
06 Dec 2018

Tritax Big Box, the London listed industrial real estate investment trust, has sold £400m worth of 10 and 12 year US private placement notes, during the Brexit whirlwind that caused sterling bond markets to falter.

While Tritax's transaction was signed on Tuesday, agents NatWest and Santander priced the deal on November 15, the day Brexit secretary Dominic Raab and work and pensions secretary Esther McVey resigned from the government due to their inability to support prime minister Theresa May's proposed exit agreement with ...

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