Accountants play key role in bond issue worth up to £250m to fund 500 homes
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... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...