On Monday 28 February, Peabody announced it would be launching a bond issue, aiming to raise around £150m from the UK bond market.
Subject to market conditions, it is expected the transaction will be launched following an investor roadshow, which will start on 7 March.
Last month, Peabody was rated Aa2 by credit rating agency Moody’s.
Monday 28 February also saw the completion of Peabody’s purchase of four London estates from The Crown Estate.
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Greenheath Business Centre: development proposals now availableHugh Cubitt hosts Caledonian Jobs Fair
