Towergate broking giant prices £800m bond offering
The broking giant formed from the merger of Towergate and other firms has confirmed the interest rates for its £800m bond offering, announced last month.
The group, which operates under the name KIRS, revealed an interest rate of 8.375% for its £400m offering and 8.625% for its $520m offering, “following strong demand from investors”.
KIRS said that
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