UK housing association to sell retained bonds

By Tom Porter
17 Jul 2014

Affordable housing lender Longhurst Group will hold an investor call next week for a sale of previously retained bonds, using the release of its full year results on Thursday to drum up interest in the deal.

Lloyds has been mandated for an investor call at 10am UK time on Monday, for a sale of £25m reserve bonds from the issuer’s £250m 5.125% August 2038 issue, which was priced in July 2012.

Longhurst is a not-for-profit affordable property manager and developer that operates in central ...

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