LSE Sells $4.5 Billion of Bonds to Help Refinance Refinitiv Debt
- Stock exchange also plans to offer notes in euros and sterling
- Company completed $27 billion purchase of Refinitiv this year
A cyclist passes the London Stock Exchange in London.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
London Stock Exchange Group Plc tapped the U.S. high-grade bond market for $4.5 billion to help refinance debt it took on related to its acquisition of Refinitiv Holdings Ltd.
The company sold bonds in five parts, according to a person with knowledge of the matter. The longest portion of the offering, a 20-year security, will yield 100 basis points over Treasuries, said the person, who asked not to be identified as details are private.