Highgate School closes US private placement
Highgate School in north London has closed a £60m US private placement, joining a clutch of private schools using the instrument for long term financing.
NatWest Markets arranged the transaction for Highgate, carving the £60m deal into a £10m 2.9% 25 year note, a £30m 2.94% 30 year tranche and a £20m 3.01% 35 year note.Highgate follows other UK schools and universities raising debt via the US PP market. The University of ...
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