By Mary-Katherine Stinson
Lexington, Ky., Nov. 14 –Beyond Housing Ltd. issued £250 million 2.125% secured sustainability bonds due 2051 (A2) in May, of which £85 million were issued as retained bonds, according to a notice.
On Nov. 11, Beyond Housing executed a forward purchase agreement in connection with the sale of £40 million of the retained bonds.
Proceeds are estimated to be received on Nov. 17.
Beyond Housing is a Scarborough, U.K.-based housing provider.
| Issuer: | Beyond Housing Ltd.
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| Issue: | Secured sustainability bonds
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| Amount: | £250 million
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| Maturity: | May 17, 2051
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| Coupon: | 2.125%
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| Listing date: | May 18, 2021
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| Rating: | Moody’s: A2
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| ISIN: | XS2338999761
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