HomeServe markets private placements

By Silas Brown
07 Jul 2020

UK home emergency and repair company Homeserve has entered the US private placement market, according to sources, looking for at least £125m.

Lloyds is arranging the deal, offering maturities between seven and 12 years. The initial target is £125m, but that could rise.

Homeserve sold $230m-equivalent US private placements in sterling and dollars in October 2018. This was its first foray into debt capital markets beyond syndicated loans.

The borrower ...

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