Dandara finds home for green revolver

House_AdobeStock_575x375_19Jan21
By Mike Turner
12 Apr 2021

Dandara Living, a UK residential property developer, has signed a £60m green revolving credit facility, as real estate companies continue to be some of the heaviest users of the debt markets this year.

HSBC arranged the facility, which will be used to finance 11 sites across the UK.

Dandara’s relationship with HSBC goes back at least to 2016, when the UK lender arranged a £183m facility for the company.

The new facility is aligned with the Loan Market Association’s Green Loan Principles, and ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial