Updated 21.01.19
- A2Dominion Housing Group agrees £75 million of unsecured funding
- Network Homes seals £175m private placement of secured and unsecured debt
- Clarion raises £250 million to help fund its plans for new homes and communities
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A2Dominion HG: Article link
A2Dominion Housing Group Limited has announced that it has agreed £75 million of unsecured funding, enabling the group to build over 7,000 new homes in its development pipeline.
Issued off its EMTN Programme and with settlement deferred to March 2022, the 20 year bonds are priced with a fixed coupon of 4.25%. This will help remove any market risk of what is undoubtedly going to be a volatile period.
Newbridge Advisors arranged the funding which is being provided by BAE Systems Pension Fund.
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Updated 16.01.19