Together successfully refinances £255m structured credit facility
By Martin GreenlandTogether has announced that it has successfully refinanced a £255m structured credit facility
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The specialist lender has refinanced its £255m Lakeside ABS securitisation facility supported by its existing syndicate, extending its maturity to 2021 on improved commercial terms.
Marc Goldberg, commercial CEO at Together (pictured above), said: “We are delighted with the successful refinancing of our Lakeside ABS securitisation facility and the continued support and confidence from our syndicate in the strong growth of our business.”
Together lent £147.5m in November 2017, its highest-ever monthly lending total in its 43-year history.
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