The Unite Group plc issued £90 million Sterling Bonds due 2020 on 12 December 2012. Further information can be found in the Prospectus and Information Booklet.
The Bonds are listed on the UK Listing Authority's Official List and admitted to trading on the London Stock Exchange's regulated market and through the electronic Order Book for Retail Bonds. Follow our current trading price
A £90 million convertible bond was issued by The Unite Group plc on 3 October 2013 which is due 2018.
The Offering will provide debt finance to fund the Group's regional development programme. It also forms part of a wider financial strategy to diversify sources of capital and extend the debt maturity profile.
In the near term, the proceeds will be used to replace short term debt maturities resulting in incremental interest savings.