Workspace Group, a London-based provider of tailored business space, has closed its debut retail bond issue after raising £57.5 mln (EUR 71 mln).
Workspace Group, a London-based provider of tailored business space, has closed its debut retail bond issue after raising £57.5 mln (EUR 71 mln).
The bonds, which are due to launch on October 9, will be listed on the London Stock Exchange's Order Book for Retail Bond.
'We are delighted at the success of Workspace's debut retail bond, which exceeded our initial target of £50 mln, and that a large number of investors have subscribed,' said Jamie Hopkins, chief executive officer of Workspace.
He added: 'The positive response from investors demonstrates the attractiveness of Workspace's bond offering and allows us to diversify our sources of financing.'
