BPHA launches private placements as HAs still in vogue
BPHA, a housing association headquartered in Bedford, is looking to sell US private placements, according to several market sources, as private debt remains readily available for UK HAs.
MUFG is arranging the transaction, according to two sources, which will likely consist of 10-20 year secured and unsecured debt. BPHA is holding a roadshow on Friday with institutional investors in London.A+ rated BPHA, which manages over 19,000 homes in the Oxford and Cambridge arc, has debt ...
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