Aster gets same spread as Peabody on £200m debut

By Jon Hay
11 Dec 2013

Aster Group, the UK housing association, made its bond market debut today with a well sold £200m bond that priced in line with other recent housing association issues.

Bookrunners Royal Bank of Scotland and Santander had held a roadshow for the issuer from Wednesday to Friday last week, then launched the 30 year bond this morning.

Aster is rated AA- (stable) by Standard & Poor’s, the same level as Fitch rates Great Places Housing Group. Great ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial