PRIVATE DEBT | UK Real Estate Short Term Bonds | Teaser

Fixed-rate bond instrument backed by the loan book of a leading UK short-term property lender specialising in bridging finance. The underlying lender has deployed approximately GBP 1.6Bn in capital since inception, with zero capital and interest losses to date, a current loan book of ~GBP 560M, and a GBP 350M active pipeline. All loans are 100% senior secured against UK real estate assets, with a weighted average LTV (Loan-to-Value ratio) of 63% and an average loan term of 14 months.