
Unite Group plc, founded in 1991 and headquartered in Bristol, UK, is a leading provider of student accommodation in the United Kingdom. The company specializes in developing, managing, and trading high-quality, purpose-built student housing, catering to the growing demand for accommodation as student enrolments increase across UK universities.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
UTGLN 3.50% 2028-10-15 GBPUnite Group plc. | United Kingdom | 2028-10-15 | 3.500 | 4.79 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Unite Group plc has been active in the bond market since the early 2000s, effectively using bond issuances to support its portfolio expansion and operational growth. Notable issuances include a £300 million bond in 2017, which was well-received and contributed to financing several new developments. Their current bond yields remain competitive within the industry, reflecting the company's strong credit rating and healthy financial management. Recently, they announced a £400 million issuance with a 20-year maturity, allowing for long-term investment in sustainable accommodation solutions, indicative of their commitment to both environmental initiatives and student needs.