THE ExtraCare Charitable Trust, a provider of retirement villages, has agreed a deal worth £120m with Lloyds Bank Wholesale Banking & Markets.

The arrangement incorporates a restructuring of the Trust’s existing funding from the bank, a bespoke interest rate strategy, and an additional £50m to support the charity’s strategic expansion plans.

Established in 1988 and headquartered in Binley near Coventry, the ExtraCare Charitable Trust has built up a network of retirement villages and comm......for the full story register now for free or login below...