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IN BRIEF: LendInvest closes GBP42.5 million funding facility

4th Jun 2024 17:41

LendInvest PLC - London-based non-bank mortgage lender - Successfully closes three-year strategic funding facility, which is valued at GBP42.5 million. Notes that the facility is with an unnamed "global alternative investment manager." Says proceeds from the transaction will be used to refinance an existing short-term, buy-to-let and residential mortgages funding facility.

Current stock price: 28.65 pence each

12-month change: down 65%

By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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