Nvidia among investors in xAI’s $20 bln capital raise- Bloomberg
LONDON - Saltaire Finance plc announced on Tuesday the issuance of £50 million in 5.401 percent guaranteed secured bonds due 2041/2043, according to a press release statement.
The new bonds will be consolidated with the company’s existing £275 million in 5.401 percent guaranteed secured bonds issued on May 2, 2025, forming a single series under the company’s £6 billion Guaranteed Secured Bond Programme.
The bonds are unconditionally and irrevocably guaranteed by the Secretary of State for Housing, Communities and Local Government, whose functions were transferred pursuant to The Transfer of Functions Order 2024, having previously been transferred from the Secretary of State for Housing, Communities and Local Government under a 2021 order.
Saltaire Finance has applied to the Financial Conduct Authority for the bonds to be listed on the Official List and to the London Stock Exchange for admission to trading.
The pricing supplement for the bonds is dated September 19, 2025, and follows the programme memorandum issued by Saltaire Finance on March 13, 2024.
Copies of both the programme memorandum and the pricing supplement have been submitted to the National Storage Mechanism and will be available for inspection through the Financial Conduct Authority’s data portal.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.