Legal & General announces that it has signed a £150m Social Loan whereby Use of Proceeds will finance 5,500 affordable homes to help address the significant demand for affordable housing across England. The loan was arranged by BNP Paribas, HSBC UK, and SMBC Group, in a transaction with Legal & General Affordable Homes (LGAH). The deal was structured as a Social Loan, which is available on projects that help tackle pressing social issues such as the delivery of more affordable housing. This is the first UK insurance syndicated Use of…
Read MoreLegal & General signs £150m Social Loan to deliver 5,500 new affordable homes.
