London: University of Oxford, which traces its roots back to the 11th century, plans to sell sterling notes maturing in 2117, as pound investors seek out names likely to ride out Brexit risks.
The oldest university in the English-speaking world held a call on Tuesday ahead of a potential tap of a £750mil (US$970mil) 2.544% bond first issued in late 2017, according to a source. Moody’s Investors Service rates the note Aaa, its highest grade.
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