Saxon Weald to roadshow for HA debut

10 May 2012

Saxon Weald Homes, a UK housing association, has announced a roadshow for a possible debut bond issue, with Lloyds and Royal Bank of Scotland.

The social housing provider will meet bond investors in London and Edinburgh from Monday May 14 to Wednesday.

The secured bond would be rated Aa3 by Moody’s, with a negative outlook because of Moody’s outlook on the UK.

Assigning its rating on May 9, Moody’s said the proposed bond ...

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