Optivo follows Longhurst into long end sterling

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By Mike Turner
05 Mar 2020

Optivo, the UK housing provider, has mandated banks for a long maturity sterling deal, a day after a compatriot housing association found healthy demand for a similar 23 year note in the currency.

Optivo, rated A2, has hired BNP Paribas and HSBC to arrange a series of fixed income investor meetings from Friday. 

The issuer is looking to print a 15 to 20 year note totalling £250m, of which £100m will be retained by the issuer. 

This is the same route Longhurst took ...

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