Soha Housing sells sterling private placements

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By Silas Brown
28 Oct 2019

Soha Housing has sold a £40m private placement in a bilateral transaction.

The debt, which won’t be drawn until 2021, matures in 2051 and was sold to Pension Insurance Corporation (PIC). It will partly fund Soha’s commitment to develop 250 homes per year.

PIC previously bought a £40m private placement from Soha in 2018.

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