Bupa Finance - Bond Issue

List of all recent work 

Slaughter and May advised Bupa Finance plc on the issue on 2 July, 2009 of £350,000,000 7.5% bonds due 2016, the proceeds of which bonds will be used for general corporate purposes, including the repayment of existing debt.  

The bonds are guaranteed on a joint and several basis by each of The British United Provident Association Limited, Bupa Investments Limited, BHS (Holdings) 2006 Limited, Bupa Care Homes (CFG) plc, Bupa Investments Overseas Limited and ANS 2003 plc.  

The Joint Lead Managers in respect of the bond issue were HSBC Bank plc and The Royal Bank of Scotland plc.

Miranda Leung (partner), Niamh Dennehy (associate), Bernie Angopa (associate)