bpha completes £40m revolving credit facility with Handelsbanken
bpha has today (18 March 2019) announced completion of a new £40m revolving credit facility with Handelsbanken for five years, with an extension option.
This new facility follows the £50m revolving credit facility with Clydesdale Bank and the tap of our 2044 Bond for £75m which completed in October 2018, bringing the total facilities raised this financial year up to £165m.
The new finance raised will help support bpha’s current strategy to develop circa 600 affordable homes per annum.
Read more about Our strategy