Annington in Europe’s biggest PIK as Hands buys homes
The remarkable story of Annington Homes, the estate of 57,000 UK Ministry of Defence homes bought by Nomura in 1996, took a fresh twist this week when the assets were refinanced with a highly ambitious £550m high yield bond, writes Stefanie Linhardt.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts