Platform Housing Group’s £1 Billion Euro Medium Term Note Programme

Devonshires acted for Platform Housing Group on the establishment of a £1bn Euro Medium Term Note programme.

Funding from the programme will be used to develop affordable housing across the Midlands and to improve the energy efficiency of Platform’s existing homes.

The programme is “ESG-enabled” meaning that Platform will be able to issue “sustainability” bonds, if and when they apply a sustainability financing framework.

The programme is also secured and “multi-currency” in nature, allowing Platform to issue in a range of denominations including sterling, euros and US dollars, should it choose.

Julian Barker (Picture – Banking & Capital Markets), Saghar Roya (Property) and Rachel Orgill-Harris (Banking & Capital Markets) acted for Platform on the transaction.

Involved fees earner: Julian Barker – Devonshires Solicitors; Rachel Orgill-Harris – Devonshires Solicitors; Saghar Roya – Devonshires Solicitors;

Law Firms: Devonshires Solicitors;

Clients: Platform Housing Group;

Author: Federica Tiefenthaler