Platform Housing hires banks for sterling debt sale

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By Mike Turner
27 Jul 2020

Platform Housing Group, a UK social housing company, has mandated for a long term sterling benchmark trade, with the company borrowing as it takes on a major development plan.

Platform, rated A+ by S&P, mandated Barclays, Lloyds and NatWest Markets to arrange investor calls on Monday for a 30 to 35 year trade with an expected retained element. 

The trade comes after S&P flagged that the company’s debt was likely to rise from £1.16bn to a peak of ...

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