DEMAND: Oxford University to Issue Century Bond
Posted on 12/06/2017
Oxford University is issuing its first ever bond on December 8, 2017. The university, a AAA-rated institution, will raise £750 million, with a maturity of 100 years. The capital proceeds will permit the university to fund strategic projects. Due to investor demand, the initial amount was originally £250 million. The annual coupon is 2.5%. Law […]