PIC invests £50m in University of Bath debt

The funds will be used to refinance an existing loan

Holly Roach
clock • 1 min read
Photo courtesy of the University of Bath
Image:

Photo courtesy of the University of Bath

Pension Insurance Corporation (PIC) has made a £50m investment in the University of Bath.

The investment will be used to refinance an existing loan to allow the university to focus on developing its research and student experience. The university self-arranged the transaction and was...

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