Study Group seeks £205m bond as education grows in HY

Study Group UK, a company that provides education for overseas students wanting to prepare to enter UK universities, began a roadshow today for its first bond issue.

  • By Jon Hay
  • 09 Sep 2013

Goldman Sachs (billing and delivering) and Barclays are global coordinators for the deal, which they hope will raise £205m of five year non-call debt for the company. Moody's and Standard & Poor's today rated the bond B3/B- with stable outlooks.

Study Group UK is owned by Providence Equity ...

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