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Property company Workspace launches retail bond

The Telegraph
Property company Workspace launches retail bond - retial - london - workspace

Workspace, the property company, has launched a retail bond issue paying 6pc for seven years. This is the first retail bond launched by the FTSE 250 listed company, which will pay out two dividends a year once on April 9 and another on October 9.

The bond will be available from Barclays Stockbrokers, Stocktrade, Killik & Co and Selftrade.

This is latest in a long line of retail bond offerings. Last week specialist lender and fund manager ICG issued a retail bond for private investors paying 6.25pc for eight years.

In July, ICAP, the FTSE 100 listed City middleman, launched a retail bond paying 5.5pc for six years.

Fixed interest has been the most popular asset class of the past year, outselling equities for eleven consecutive months


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