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Supermarket Income REIT PLC - London-based real estate investment trust for property leased to grocery retailers - Issues new £250 million sterling-denominated senior unsecured bond, with a term of six years. Says the bonds will be quoted on the International Securities Market of the London Stock Exchange. Bonds will bear a coupon of 5.125% and are priced at a spread of 115 basis points over the relevant benchmark, it says. Notes that the bond issuance received‘ strong’ demand from institutional investors, with the orderbook peaking in excess of £985 million. Supermarket will use the net proceeds of the bonds for general corporate purposes, including the refinancing of existing debt facilities. Current stock price in London: 78.40 pence, down 1.1% on Thursday 12-month change: up 6.3% Current stock price in Johannesburg: R 18.62, down 0.9% 12-month change: Listed on JSE in December 2024 Copyright 2025 Alliance News Ltd. All Rights Reserved.
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