TPSH latest UK real estate name to increase financing

UK terraced house
By Mike Turner
29 Oct 2019

Triple Point Social Housing REIT has almost doubled the size of its sterling revolving credit facility, as UK housing firms continue to shore up funding during Brexit uncertainty.

The new revolving credit facility is for £130m, a £60m increase from the existing facility.

Lloyds and new lender NatWest Markets are providing the new financing. Triple Point said the new deal comes with the same terms as the one being replaced.

That loan, a £70m bilateral revolver from Lloyds ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.