Sovereign seals £250m unsecured credit facility

By Hamish Champ2019-07-08T05:00:00

Source: Shutterstock

Housing association has £600m to draw on to further its growth plans

Sovereign housing association has secured a £250m credit facility to back its ambitions to build nearly 2,000 homes a year by 2022.

The facility, which is unsecured, was provided by NatWest, Lloyds Bank, National Australia Bank and Japanese banking groups MUFG and SMBC.

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