Sovereign issues £375m bond

By Hamish Champ2019-10-31T10:13:00

The bond, the housing association’s third public issue since 2009, pays an all-in rate of interest of 2.475%.

Sovereign housing association has issued a £375m bond to support its construction activities.

The group, which operates nearly 60,000 homes across the south of England, said the 29-year bond included a £125m retained element which it would issue at a future date.

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