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Morrison & Foerster advises BBC on first direct bond worth £170m
2013-07-04 23:03 UTC by Alex Newman, contributor

Morrison & Foerster has advised the BBC on its first-ever direct bond issue, which raised £170m in a private placement in the US. The placement, on behalf of BBC Commercial Holdings (BBCH), has a seven-year term set at a 2.71% US dollar interest rate, and will be used to refinance existing debt within the BBC's commercial business.

     

 

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