19th Nov 2020 18:07
National Express PLC - Birmingham-based transport operator - Says it has launched and successfully priced a GBP500 million 4.25% hybrid instrument, with an order book from investors approximately eight times oversubscribed. Net proceeds of the offering will be used to partly refinance existing debt.
Current stock price: 229.18 pence
Year-to-date change: down 51%
By Arvind Bhunjun; [email protected]
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