Workspace launches US private placements

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By Silas Brown
18 Sep 2020

Workspace, the FTSE 250 real estate investment trust, has launched US private placements, according to market sources.

NatWest Markets and Santander are arranging the trade, which has an initial target of £75m. The company, which is rated BBB by Standard & Poor's, is looking for 10 and 12 year maturities, according to an investor shown the deal.

“It’s interesting timing,” said that investor, who works ...

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