
Sovran Acquisition Limited Partnership is a prominent investment firm founded in 2015, headquartered in New York City, focused on pursuing opportunities in the real estate sector. The company primarily engages in acquiring and managing income-producing properties, leveraging its expertise to enhance asset value and deliver attractive returns to investors.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
LSI 3.50% 2026-07-01 USDSovran Acquisition Limited Partnership | United States | 2026-07-01 | 3.500 | 5.05 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Sovran Acquisition has actively issued bonds to fund its real estate ventures, with their first notable bond issuance occurring in 2016 which raised $200 million to acquire commercial properties. Over the years, the firm has issued bonds with fixed yields averaging 4.5%, competitive within the industry, and notable for their callable features, allowing for early redemption under specific conditions. Recent news highlights their successful $300 million bond placement in 2022, aimed at refinancing existing debt and expanding their portfolio amidst a recovery in the real estate market.