Housing 21 sells £80m of secured bonds

Andy Howarth, chief financial officer, Housing 21

Housing 21 has sold a further £80m of its existing 2049 secured bonds, taking the total issue to £450m. In a statement, the not-for-profit provider of retirement living and extra care properties for older people said there was ‘exceptional’ support for the 3.288% bond issue with demand of around £270m from existing and new investors….

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