Corporate sterling issuers launch blowout market reopening

By Mike Turner
16 Jan 2020

High grade corporate names kicked off the 2020 sterling market in style this week, with big books and eye-catching trades for the University of Oxford, Clarion Housing and Ireland's Electricity Supply Board.

The University of Oxford has reopened its sterling century bond, as bankers away from the deal called the yield available at that maturity "incredible".

The UK's oldest university announced, via bookrunner JP Morgan, initial price thoughts of 110bp over Gilts for the tap of its 2.544% 2117 ...

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