Future Plc (FUTR.L), a British media company, said on Friday that it has launched its debut sterling-denominated five-year 300 million pounds of unsecured bond, which will mature in 2030 with a coupon of 6.75%. The settlement is expected to occur on July 10.
The net proceeds of the Bond will be used for general corporate purposes, including to refinance the Group's export development guarantee facility and to repay debt.
In addition, the Group has announced the refinancing of its RCF. The new 300 million pounds facility, issued on substantially the same terms as the existing facility, has a tenor of 4 years with two 1-year extension options.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.