• Corporate Trust
  • Debt Trustee
  • Treasury
  • Trust Solutions
  • News
  • Team Members
  • Contact Us
  • Publications

Birmingham City Council

21 Apr 2005

Birmingham City Council £214,971,000 9.675% Notes due 2030.

We have been appointed as trustee for this note issue which has enabled Birmingham City Council - the UK's largest local authority - to refinance the National Exhibition Centre by exchanging the outstanding earlier 10.625% and 13.625% Debenture Stock issued in the name of NEC Finance plc (where we also acted as trustee). We believe that the issue is the first example of a UK local authority accessing the capital markets for over ten years.

Corporate Trust

Back to News