An English soccer team tapped the booming US private placement market — Bank of America it’s part of a growing sports trend
|09/21/2019||Posted by BusinessMediaguide.Com under General World News||
- 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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