date:Jul 21, 2012
bond will have a coupon of 3.5% payable semi-annually and a repayment on July 27 2026. The banks supporting the issue are: BNP Paribas, Lloyds Bank, and Santander GBM.
In the year ahead, the long-awaited Morrisons.com online store is expected to launch and the company aims to strengthen its position in the convenience market.
One analyst said:The fact that it is accessing funding at a 3.5% rate is a good thing.
Analyst Clive Black of Shore Capital told FoodManufacture.co.uk:The Morrisons bon