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SBD Global/December 7, 2017/Finance

Jockey Club Extends £25M Racecourse Bond, 96% Of Investors Retain Shares

The Jockey Club extended its £25M ($33.5M) racecourse bond, first issued in '13 to "help fund its major development at Cheltenham racecourse," according to Bill Wilson of the BBC. Its decision to offer a rollover on the bond issue has seen 96% of original investors choose to retain m...

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