L&Q raises £250m on bond market

By Joey Gardiner2020-10-16T02:00:00

Cost of finance was lowest ever achieved despite economic uncertainty, housing association says

L&Q has raised £250m on the bond market in the first part of a programme that could bring in up to £2.5bn

The housing association, which owns and manages 105,000 homes across London and the south-east, raised the £250m through issuing a specific type of bond called a medium term note, or EMTN.

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