By Devika Patel
Knoxville, Tenn., Jan. 16 – Scottish Mortgage Investment Trust plc said raised £188 million in long term fixed-rate senior private placement notes in a mixture of sterling and euros.
Banco Santander SA was the agent.
The company sold £188 million in the form of three notes: one 2.3% 20-year note for £150 million, one 1.65% 25-year note for €18 million and a 1.77% 30-year note for €27 million.
The investment trust is based in Edinburgh, Scotland.
| Issuer: | Scottish Mortgage Investment Trust plc
|
| Issue: | Senior unsecured notes
|
| Amount: | £188 million
|
| Agent: | Banco Santander SA
|
| Settlement date: | Jan. 16
|
| Distribution: | Private placement
|
|
|
| 20-year note
|
| Amount: | £150 million
|
| Maturity: | 20 years
|
| Coupon: | 2.3%
|
|
|
| 23-year note
|
| Amount: | €18 million
|
| Maturity: | 25 years
|
| Coupon: | 1.65%
|
|
|
| 30-year note
|
| Amount: | €27 million
|
| Maturity: | 30 years
|
| Coupon: | 1.77%
|
|
|
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