HomeServe markets private placements

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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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