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Upcoming issue Issuer: City of London Investment Trust  Issu | Cbonds Global

Upcoming issue

Issuer: City of London Investment Trust 

Issue description: 25Y (maturing on 19 March 2046) secured private placement notes with 2.67% coupon rate paid semiannually 

Currency: GBP 

Date: the funding date will be 19 March 2021 

Volume: £30 mln 

Aim: the net proceeds will be applied in reducing borrowings currently drawn down through the Company's overdraft facility 

Bookrunners and Lead Managers: J.P. Morgan Cazenove