THFC sells £186m tap of No 3 bond, its biggest yet
The Housing Finance Corp, the conduit for UK housing association bond issuance, prevented there being a third day running without corporate bond issuance in Europe, by pricing a £186m tap of its THFC Funding No 3 bond on Friday.
The 5.2% October 2043/2045 line is already the already largest bond in the social housing sector, and has now grown to £811.3m.
It was the sixth tap of the deal, but the first since 2013. The issue started as a £100m trade in October 2011, before taps of between
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