Oaf BY sells bonds to Dutch investors
26th May 1988, Page 8
26th May 1988
Page 8
Page 8, 26th May 1988
— Oaf BY sells bonds to Dutch investors
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• Daf By, parent company of Leyland Daf, is raising 246 million through a bonds issue in Holland. The bonds guarantee investors a 6.75% return over eight years.
This is Dais first step into the public capital market following its merger a year ago with Leyland Truck and Freight Rover.
The company is 60% owned by Dutch investors and 40% by Rover Group in the UK.