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UK Local Authority Mulls Rare Foray Into Municipal Bond Market

By Yahoo! Finance   |   Aug 16, 2024 at 07:14 AM EST
UK Local Authority Mulls Rare Foray Into Municipal Bond Market

Lancashire County Council plans to return to the municipal bond market, aiming to refinance a £350 million floating-rate note. This move could revive the UK council bond market and provide better rates. Jensen is confident in investor support due to established creditor protection measures.

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