Virgin plans inaugural euro covered bond

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Virgin plans inaugural euro covered bond

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Kenya's Daniel Wanjiru wins the Men's Virgin Money London Marathon, London. PRESS ASSOCIATION. Picture date: Sunday April 23, 2017. See PA story ATHLETICS Marathon. Photo credit should read: Yui Mok/PA Wire | Yui Mok/PA Archive/PA Images

Virgin Money plc has mandated leads for a European roadshow and hopes to issue its first euro denominated covered bond. The transaction is set to emerge at a challenging time, amid rising concerns that the UK will chaotically leave the European Union without reaching an exit agreement at the end of October.

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