Triple Point places £195m of loan notes through private placement

Chris Phillips, Triple Point, chairman

Triple Point Housing REIT has put in place £195m of loan notes through a private placement with MetLife Investment Management (MIM) clients and Barings. The loan proceeds have enabled the group to refinance £130m drawn under its existing £160m revolving credit facility, provided by Lloyds and NatWest. The additional £65m will be used to buy…

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