Pinsent Masons, Morrison & Foerster (MoFo) and Greenberg Traurig have taken the lead roles on a £125m bond issue by the London School of Economics and Political Science (LSE).

The private placement makes the LSE the latest UK university to tap the bond markets. In July Manchester issued a £300m bond, while both Cambridge and De Montfort universities secured private funding through the sale of bonds in 2012.