CC, Mills & Reeve and Linklaters reprise roles as Cambridge Uni raises £600m with new bonds issue

Magic circle duo advise as university returns to bond markets to raise funds for investment

Clifford Chance (CC), Linklaters and Mills & Reeve have advised on a £600m bond issue by Cambridge University, in the latest example of a university tapping the bond markets to raise funds for investment.

The proceeds of the bond – which is linked to the consumer price index (CPI) rather than the retail price index (RPI) as a measure of inflation – will be used by the university to invest in the university’s revenue-generating projects and other facilities.

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