Saltaire Finance plc completes £20 million bond sale

Published 02/06/2025, 17:08
Saltaire Finance plc completes £20 million bond sale

LONDON - Saltaire Finance plc, an England and Wales incorporated company, has successfully sold £20 million in principal amount of its 4.809% Guaranteed Secured Bonds due 2053, as part of its £6 billion Guaranteed Secured Bond Programme. The sale, announced today, involved Retained Bonds as outlined in the Programme Memorandum.

The bonds, under the ISIN XS2596082102 and Common Code 259608210, are guaranteed unconditionally and irrevocably by the Secretary of State for Housing, Communities and Local Government. This guarantee is part of a larger bond program established by Saltaire Finance plc for issuing bonds, which was detailed in a Programme Memorandum dated March 13, 2024, and supplemented by a Pricing Supplement on January 31, 2025.

With this latest transaction, the aggregate outstanding principal amount of Bonds in issue under the Programme now stands at £595 million, of which £35 million are Retained Bonds held by or on behalf of the Issuer.

The announcement, made by Helena Whitaker of CSC Directors (No.3) Limited on behalf of Saltaire Finance plc, is in line with the UK Market Abuse Regulation requirements. This sale of bonds contributes to the financial activities of Saltaire Finance plc as it manages its bond programme.

This information is based on a press release statement and provides an update on the financial movements of Saltaire Finance plc within the bond market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.