Centrus retains place as housing sector’s #1 funding advisor

Market Insight

The housing sector’s #1 funding advisor

Centrus acted as funding advisor on eight bond and private placement deals between July 2015 and July 2017, the largest number according to analysis published by Social Housing Magazine. This placed Centrus as #1 funding advisor by number of deals and joint #1 by value of deals advised on.

Following a year when the volume of institutionally funded housing deals nearly doubled, we are very pleased to have worked with so many great clients on a range of ground breaking transactions, providing the investment needed to tackle the UK’s shortage of new housing supply.

Notable transactions included:

  • Places for People’s £400m 2.875% bonds due 2026 – The largest bond then issued in the housing sector
  • A2Dominion’s £250m 3.5% bonds due 2028 – The first holdco level bond issued in the housing sector
  • Welsh Housing Partnership’s £93m private placement with PIC – Financing a unique and innovative structure sponsored by Welsh Government and four leading Welsh housing associations
  • One Housing Group’s £85m private placement with M&G – Enabling OHG to efficiently finance its shared ownership portfolio

Contact our housing sector specialists for more information on how we can ensure your businesses benefit from the lowest cost of capital possible over the long term.

This data was initially published by Social Hosing Magazine on 11 August 2017. Original publication here:
*Other 7 firms featured in the original survey but none advised on more than 2 transactions

For more information, please contact Phil Jenkins, Managing Director – Centrus