Wasps reach £35m retail bond target
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Wasps have taken little over a week to reach the £35m target they set for their oversubscribed bond issue.
The Premiership club, who moved their matchday base to Coventry's Ricoh Arena in December,
launched the new retail bond
on the Stock Exchange on 27 April.
But, in seven trading days, they have attracted £35m worth of new investment.
"We now have a solid foundation for the long-term and can look forward to the future with confidence," said Wasps chief executive David Armstrong.
"The funds raised will enable us to restructure our balance sheet and …
The Premiership club, who moved their matchday base to Coventry's Ricoh Arena in December,
launched the new retail bond
on the Stock Exchange on 27 April.
But, in seven trading days, they have attracted £35m worth of new investment.
"We now have a solid foundation for the long-term and can look forward to the future with confidence," said Wasps chief executive David Armstrong.
"The funds raised will enable us to restructure our balance sheet and …
