By Paul Deckelman
New York, March 21 - Henderson Group plc announced the pricing of the £150 million issue of five-year guaranteed notes by its Henderson UK Finance plc unit on Monday.
The notes will carry an interest rate of 7¼% and will be guaranteed by Henderson Group and its corporate parent, Henderson Global Investors Holding. The latter entity is a global asset management firm based in St. Helier, Jersey in the Channel Islands, a British protectorate near the Normandy coast. Henderson Group is its investment management group.
Joint lead managers for the offering were HSBC Bank plc, Royal Bank of Scotland plc and UBS Ltd.
Proceeds of the deal will be used for general corporate purposes and to assist in meeting the wider group's ongoing debt obligations, the company said.
| Issuer: | Henderson UK Finance plc
|
| Amount: | £150 million
|
| Maturity: | March 2016
|
| Securities: | Guaranteed notes
|
| Bookrunners: | HSBC Bank plc, Royal Bank of Scotland plc and UBS Ltd.
|
| Coupon: | 7¼%
|
| Settlement date: | March 24
|
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