Cambridge University weighs up £300m debut bond issue

Cambridge University may issue its debut bond within six months, according to the university’s finance director. And with the bank lending market significantly contracted and the UK government likely to slash support for higher education, other universities may look to the bond market to raise funds.

Cambridge wants to raise around £300 million to fund two large-scale projects. The first involves improvements to accommodation and research facilities in northwest Cambridge, while the second is

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