ALE starts marketing August 2024 benchmark FRN
- Wednesday, 17 March 2021
On 17 March, ALE Direct Property Trust (Baa2), a subsidiary of ALE Property Group, began taking indications of interest for a new domestic, benchmark, floating-rate note (FRN) transaction maturing in August 2024. Initial price guidance is 220-230 basis points area over three-month bank bills.
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