Scottish Mortgage returns to US PP market
Scottish Mortgage Investment Trust is selling US private placements, some 18 months since its last outing in the market.
Santander is arranging the transaction, according to market sources, which is set to close next week.
Last year, the trust raised £170m via Santander. There was a 20 year note for £30m with a fixed coupon of 2.91%, a £50m 23 year note with a fixed coupon of ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
