LondonMetric launches private placement deal

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 ...Already a subscriber? Login