Close Brothers Group plc Issue of Debt |
26 June 2014
Close Brothers Group plc ("Close Brothers") announces the issue of £300,000,000 3.875% senior unsecured bonds due 2021, rated A3/A by Moody's and Fitch, from the Close Brothers Finance plc £1,000,000,000 Euro Medium Term Note Programme. The Programme is guaranteed by Close Brothers Limited, the banking division of Close Brothers.
Commenting on the issue, Stephen Hodges, Banking Chief Executive, said: "We are delighted with the level of support that our issue has received from investors. This issue enhances the diversity of our financing and lengthens its maturity profile. This is in line with our long established, prudent approach to funding the loan book".
Enquiries
Jon Nash - Investor Relations, Close Brothers 020 7655 3844
Helen Price- Investor Relations, Close Brothers 020 7655 3292
Peter Ogden - Media Relations, Maitland 020 7379 5151
About Close Brothers
Close Brothers is a modern merchant banking group which makes loans, takes deposits, trades securities and provides financial advice and investment management services. Close Brothers was established in 1878 and today employs 2,700 people, principally in the UK. Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250.
