Market Leads & Opportunities
River Clyde Homes bolsters development programme with £127m funding package
A significant investment is to be made in the development programme at River Clyde Homes after the Association secured additional borrowing from its lenders.Under the new arrangements, facilities have been refinanced and increased from £65 million to just under £127m (new loan facilities of £100m and £27m from Royal Bank of Scotland and Nationwide respectively). It is one of the largest borrowing deals secured within the Scottish housing sector in recent years.
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