LSEG Sells $3 Billion of High-Grade Bonds With Strong Demand
The London Stock Exchange Group Plc headquarters in the City of London.
Photographer: Jose Sarmento Matos/BloombergLondon Stock Exchange Group Plc raised $3 billion across a three-part bond sale that attracted solid investor demand, despite recent concerns about how artificial intelligence could affect its business model.
The firm’s bond offering drew more than $14 billion of orders at its peak, according to people with knowledge of the matter. The yield on the longest tenor — a bond maturing in 2036 — will yield 1.15 percentage point above Treasuries, tightening by 0.3 percentage point from price talk, the people said, asking not to be identified because the discussions are private.