Difference between revisions of "Bridge to bond"
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== See also == | == See also == | ||
* [[Bond]] | * [[Bond]] | ||
| + | * [[Bridging loan]] | ||
* [[Interest rate]] | * [[Interest rate]] | ||
* [[Overdraft]] | * [[Overdraft]] | ||
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| + | [[Category:Corporate_financial_management]] | ||
Latest revision as of 09:36, 4 June 2018
A bridge to bond facility is an interim borrowing facility used during the period when a bond issue is in process, but has not yet been completed.
Rapid start for National Express
- "The National Express treasury team's year got off to a rapid start, having pre-funded its £350m bond maturing in January through the use of a £350m bridge to bond and subsequent issuance of a £400m seven-year bond in November 2016, paying a coupon of 2.5%."
- The Treasurer magazine, February 2018, p25 - Deals of the Year.
