London Stock Exchange Starts $2.5 Billion European Bond Sale
- Company selling four, seven and 12-year euro tranches
- Deal also includes offering of nine-year sterling bonds
The London Stock Exchange in Paternoster Square in London.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
The London Stock Exchange Group kicked off the European leg of an international offering of bonds to refinance the debt that paid for its $27 billion acquisition of Refinitiv Holdings earlier in the year.
The exchange started taking orders on Friday for a four-part offering of euro and sterling bonds, according to a person familiar with the matter. The respective tranche sizes are set, and will not grow, according to the people, who asked not to be identified because they’re not authorized to speak about it.