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Prospect News home > News index > List of issuers B > Headlines for Bazalgette Tunnel Ltd. > News item
Published on 9/9/2019 in the Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Tideway sells £75 million 2.418% notes due 2041 via private placement

By Devika Patel

Knoxville, Tenn., Sept. 9 – The private placement market saw one new deal announced at the beginning of the week, as London-based Bazalgette Tunnel Ltd., which does business as Tideway and is the company established to construct the Thames Tideway Tunnel in London, arranged a £75 million private placement of 2.418% notes due 2041.

Tideway is selling the notes to an institutional investor from the United States.

Proceeds will be used for general corporate purposes.


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