Tesco Property Bonds Said May Have 275 Basis-Point Spread
Stock Chart for Tesco PLC (TSCO)
Tesco Property Finance 5 Plc may sell about 450 million pounds of senior, secured bonds due 2041, according to a banker involved in the transaction.
The notes may be priced to yield about 275 basis points more than U.K. government debt, the banker said.
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