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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Partner Insight: Volatility, what volatility?

Partner Insight: Volatility, what volatility?

Looking back over the year, 2025 was a strong one for asset-backed securities (ABS) – along with a whole host of other assets. In the ABS market, we typically see spreads move in line with other markets, which have seen tightening throughout the year as demand continues to remain robust. And we see no sign of this demand slowing.

Jeremy Deacon, Head of ABS and Leveraged Finance at Royal London Asset Management
clock 24 December 2025 • 6 min read
Border to Coast commits further £1bn to private markets

Border to Coast commits further £1bn to private markets

LGPS pool expands exposure long-term investments in global private markets

Jonathan Stapleton
clock 23 December 2025 • 4 min read
Border to Coast identifies UK life sciences as investment opportunity in 2026

Border to Coast identifies UK life sciences as investment opportunity in 2026

LGPS pool says life sciences sector offers ‘depth of opportunity’ and ‘true innovation’

Martin Richmond
clock 17 December 2025 • 2 min read
Trustpilot