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Wales Online
Wales Online
Business
Sion Barry

Cardiff University raises £300m in the lowest interest bearing bond issue ever for a UK university

Cardiff University has successfully raised £300m in the lowest yielding bond issue ever seen in the UK education sector.

The university, the largest in the Wales, will pay 3.1% on the money raised. The bonds will mature in 2055 when the capital will be repaid to financial institution bond holders.

The raised finance will help support the university's ambitious innovation campus and for general corporate purposes.

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