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GC Asia
One Housing enters US PP market for secured and unsecured debt
One Housing, a UK housing association focused on London and southeast England, has sold £150m of secured and unsecured US private placement notes to institutional investors.
Centrus advised One Housing, and NatWest Markets and MUFG arranged the transaction, offering tenors ranging between 10 and 20 years.
The blended interest rate is just under 2.84%. Roughly £80m of the debt was unsecured.
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