Unite Group, the London-listed student accommodation specialist, has raised at least £75 mln (EUR 92 mln) in the early close of its debut retail bond issue.
Unite Group, the London-listed student accommodation specialist, has raised at least £75 mln (EUR 92 mln) in the early close of its debut retail bond issue.
The offer period was scheduled to run until 5 December but Unite decided on an early close due to strong investor interest. The proceed volume is at the top end of the target range.
The 6.125% sterling bonds are due in 2020.
'This issue will allow us to access a new source of finance and diversify our sources of finance,' Unite CEO Mark Allan said.
