Accountants play key role in bond issue worth up to £250m to fund 500 homes

John Jones of Beever and Struthers
Manchester accountants and business advisors Beever and Struthers provided key advice on a major bond issue that raised £150m to provide 500 new homes a year, with a further £100m retained for a possible later sale. The bond oversubscription of five times at final pricing is thought to be one of the highest seen for a public housing association bond in the past five years. The firm acted for its client, Karbon Homes, an independent registered provider of affordable homes based in North-East England, on raising the £150m throu... For the full story register now for free or login below...