Centrus advises Housing & Care 21 on successful sterling bond debut

Transaction Overview

Centrus client Housing & Care 21 has issued its debut sterling bond issue, successfully pricing a £250m issuance with a 2049 maturity at Gilts +138 and an all-in coupon of 3.288%. Natwest Markets and Barclays acted as bookrunners. The order book 2.45x over-subscribed, signaling healthy investor demand in the housing sector following recent issuances by Catalyst (also advised by Centrus), WM Housing and Notting Hill Housing.

“Housing & Care 21 is a longstanding client of Centrus and we are very pleased to have supported them on this important transaction. We would like to congratulate the team for delivering an outstanding result for the company.”

Phil Jenkins, Managing Director – Centrus

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