Broadcasting central (TT JanFeb04 p58-60)

THE BRITISH BROADCASTING CORPORATION (BBC), in existence for almost 80 years, experienced a first this year. The group, governed by successive Royal Charters since its inception in 1926, launched its first-ever capital markets transaction in 2003 with a groundbreaking bond issue and securitisation for Broadcasting House, the flagship property and London headquarters of the BBC, which will become the world’s largest live broadcast centre.