Ocado Group plc moves to raise £600m

RetailTech Ocado Group plc is looking to raise £600 million via a convertible bond offering and high yield offering. The £250m of guaranteed senior unsecured convertible bonds are due in 2029. It also intends to offer £350m of sterling-denominated senior unsecured notes due in 2029. The bonds will be issued by Ocado and initially guaranteed … Continue reading Ocado Group plc moves to raise £600m