A housing association which successfully secured £61m through its first private placement this month says it will look at tapping into the market again – possibly every two to three years.
Bromford is only the sixth housing association to raise cash through a private placement, securing 25-year bonds for an overall fixed interest rate of 4.93 per cent.
Interestingly, the placement attracted two high profile UK investors broadly new to the social housing market – insurance giant ...
