PropertyEU

Vector Hospitality sells EUR 868m in convertible bonds

By A staff reporter 2007-06-01T00:00:00

Vector Hospitality has completed the sale of £588 mln (EUR 866 mln) of convertible bonds. The UK hotel owner Vector sold five-year bonds with a coupon of 2.75%, the lower end of a proposed range that was as high as 3.25%, the London-based company said today in a regulatory news ...

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