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NB Private Equity plans new ZDP issue

NB Private Equity is planning to issue a new class of ZDPs with a maturity in 2022. At the same time they plan to offer holders of their 2017 zeros the chance to rollover into the new issue. They are hoping for a total issue size of £50m.

The new ZDPs would be issued at 100p and would mature on 30 September 2022. They have not yet set the value at maturity and so we don’t yet know what the implied gross redemption yield will be.

NBPE : NB Private Equity plans new ZDP issue

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