PIC invests £65m in affordable homes

James Phillips
clock • 1 min read

Pension Insurance Corporation (PIC) has entered a £65m agreement with Livin Housing to develop affordable housing in County Durham.

The deal will also refinance existing debt to reduce interest costs to Livin Housing, with the £65m size spot funding split across three tranches maturing in 2055, 2057, and 2058. The maturity p...

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James Phillips
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James Phillips

Professional Pensions journalist from 2016-2022

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