Legal & General and Believe Housing complete £85m sustainability-linked private placement

LGIM Real Assets (Legal & General) has provided £85 million in long-term financing to believe housing, one of the largest affordable homes providers in North East England. The private placement demonstrates Legal & General’s on-going commitment to a wider ESG and decarbonisation agenda, implementing a forward-thinking sustainability focused structure with pricing linked to the Company’s energy transition. The funding will support believe housing’s strategic development goal to deliver over 1,200 new affordable homes over the next five years. The housing association’s 18,000 homes cover almost 900 square miles from the…

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