LondonMetric launches private placement deal

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By Silas Brown
04 Mar 2021

LondonMetric, the UK real estate investment trust, is marketing a private placement deal, according to market sources.

The initial cover target is £150m, with Barclays, NatWest Markets and Wells Fargo arranging the transaction. One market source thought the maturities would range between seven and 15 years.

LondonMetric is a regular in the private placement market. According to the trust annual report for 2020, private placements ...

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