Housing association bags £50m funding deal
An East Midlands housing association which has raised £200m on capital markets over the last three years has agreed a £50m funding deal to help it expand into new regions.
EMH Group, which has secured the revolving credit facility from Lloyds Bank Commercial Banking, is one of the largest providers of affordable homes, care and support services in the East Midlands. The funding will support its drive to build 350 new homes a year.
The group was established in 1946 and has around 18,000 properties in more than 40 local authority ar... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
