Student accommodation group targets further growth after £500m finance deal

One of the largest providers of student accommodation in Birmingham has secured new £500m debt facility. Unite Group said the new five-year provision, along with an investment grade credit rating, would deliver reduced financing costs, a greater level of flexibility and an ability to diversify sources of funds to support ongoing growth. The new debt facility offers additional financing headroom for the company’s development pipeline and greater financial flexibility. The new facilities will increase the debt maturity by 12 mo... 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...
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