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An English soccer team tapped the booming US private placement market — Bank of America it’s part of a growing sports trend

tottenham hotspur

  • English Premier League soccer club Tottenham Hotspur have refinanced the debt on their new stadium via the lucrative US private placement market and a loan with Bank of America.
  • It’s a growing trend for major sports brands following similar moves into the bond market by European heavyweights Manchester United and Juventus.
  • Tottenham will see the maturities on their debt extended and the average interest rate fall in a successful move for the team.
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English Premier League soccer club Tottenham Hotspur may not have had much success on the field in terms of trophies in read more >>>

Source:: BusinessInsider.Com