The London Stock Exchange’s and Evolution Securities’ Retail Bond Issuance Forums
“a new source of medium term debt capital for UK borrowers”
The London Stock Exchange and the retail bond team of Evolution Securities have held a number of regional forums providing information about the UK Retail Bond Market, and its attractiveness to potential borrowers.
A retail targeted bond issue allows borrowers to access a new source of medium term funding, typically 5 to 10 years, without the amortisation and onerous covenants typically associated with bank facilities. It provides borrowers with the opportunity to raise debt from the bond market in modest amounts from £25m up to £150m, and can be both complimentary and an alternative to bank debt. The London Stock Exchange’s retail bond market, launched last year, provides corporate debt issuers with direct access to retail investors through a cost effective and transparent electronic market.
A summary of the key themes can be found below:
(file pdf - 211 KB)
To view the presentations provided at the conferences:
London Stock Exchange - Overview of London Stock Exchange Order book for Retail Bonds
(file pdf - 1 MB)
Evolution Securities -The UK Retail Bond Market
(file pdf - 1 MB)
Date and locations:
· Leeds – Wednesday 28 September 2011 – Redmayne Bentley
· Manchester – Wednesday 28 September 2011 – BDO LLP
· Birmingham –Thursday 29 September 2011 – Williams De Broe
· Glasgow – Friday 14 October 2011 - McGrigors
· Edinburgh – Friday 14 October 2011 - Williams De Broe
· Bristol – Tuesday 18 October 2011 - Smith and Williamson
· Cambridge – Friday 21 October 2011 - Mills & Reeve
For further information, please contact us at email@example.com or call +44(0)20 7797 3921.
The retail bond team at Evolution Securities have acted as arranger and book runner in the retail targeted bond issues for Tesco Bank, Provident Financial, Places for People and the new National Grid RPI linked bond. To find out more information about Evolution Securities please click here.
In association with:
The Exchange accepts no responsibility for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.
By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.
You will be redirected in five seconds.
You are accessing the London Stock Exchange Annual Report Service powered by PrecisionIR.
The Exchange accepts no responsibility for the content of the reports you are now accessing or for any reliance placed by you or any person on the information contained therein.
You will be redirected in five seconds