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Towergate postpones bond issue for 4-6 weeks

Andy Homer Towergate

Towergate has postponed its £665m bond issue and will bide its time over the next month and a half to see if the markets improve.

But chief executive Andy Homer remains upbeat having received a good response from potential investors, especially in the US.

The consolidator, through new subsidiary Towergate Finance PLC, plans to

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