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Recent discosable transactions include: 

BAE Systems Pension Funds Investment Management Limited

Advised BAE Systems Pension Funds Investment Management Limited as investment manager and agent of certain purchasers in connection with the issuance by The ExtraCare Charitable Trust of £15,000,000 of additional notes and the restatement of an existing note purchase agreement.


September 2020

LLOYDS BANK CORPORATE MARKETS PLC

Advised Lloyds Bank Corporate Markets plc as sole Bookrunner and Prudential Trustee Company Limited as Bond Trustee and Security Trustee in connection with the issue by RHP Finance PLC (an SPV set up by the Richmond Housing Partnership) of £100,000,000 bonds


September 2020

Joint Bookrunners

Advised Natwest Markets Plc, Lloyds Bank Corporate Markets plc and Barclays Bank PLC as Joint Bookrunners and Prudential Trustee Company Limited as Bond Trustee and Security Trustee in connection with the issue by Platform HG Financing plc of £350,000,000 bonds


August 2020

NATWEST MARKETS PLC

Advised Natwest Markets Plc as Sole Bookrunner and Prudential Trustee Company Limited as Bond Trustee and Security Trustee in connection with the issue by Housing 21 of £120,000,000 bonds


August 2020

Joint Bookrunners

Advised Barclays Bank PLC, HSBC Bank plc and NatWest Markets Plc as Joint Bookrunners and Prudential Trustee Company Limited as Bond Trustee and Security Trustee in connection with the issue by Hyde Housing Association Limited of £400,000,000 bonds


August 2020

Aviva Life & Pensions UK Limited

Advised Aviva Life & Pensions UK Limited as purchaser in connection with the issuance by Settle Group of £75,000,000 notes


July 2020

AVIVA LIFE & PENSIONS UK LIMITED

Advised Aviva Life & Pensions UK Limited as purchaser in connection with the issuance by Coastal Housing Group of £60,000,000 notes


July 2020

Pension Insurance Corporation PLC

Advised Pension Insurance Corporation as Purchaser in relation to the issue of £50,000,000 Series C Notes by EMH Housing and Regeneration Limited


July 2020

Multiple Clients

Advised Rothesay Life Plc, Metropolitan Life Insurance Company and Metropolitan Tower Life Insurance Company as Purchasers in relation to £95,000,000 notes issued by Community Gateway Association Limited


July 2020 

Joint Bookrunners

Advised Barclays Bank PLC and NatWest Markets Plc as Joint Bookrunners and Prudential Trustee Company Limited as Bond Trustee and Security Trustee in connection with the issue by Catalyst Housing Limited of £150,000,000 bonds


June 2020

NATWEST MARKETS PLC

Advised NatWest Markets Plc as Placing Agent in connection with the sale by Futures Treasury Plc of £50,000,000 initially retained bonds (having worked on the original £200,000,000 bond issuance in February 2019).


June 2020

LLOYDS BANK CORPORATE MARKETS PLC

Advised Lloyds Bank Corporate Markets PLC as Placing Agent in connection with the sale by Karbon Homes Limited of £100,000,000 initially retained bonds (having worked on the original £250,000,000 bond issuance in November 2018).


June 2020

Legal & General Assurance Society Limited

Advised Legal & General Assurance Society Limited as Purchaser in connection with the issue by Bromford Housing Group Limited of £100,000,000 Series A Notes


June 2020 

Pension Insurance Corporation PLC

Advised Pension Insurance Corporation as Purchaser in relation to the issue of £75,000,000 Notes by Trident Housing Association Limited


June 2020

LLOYDS BANK CORPORATE MARKETS PLC

Advised Lloyds Bank Corporate Markets PLC as Placing Agent in connection with the sale by Karbon Homes Limited of £100,000,000 initially retained bonds (having worked on the original £250,000,000 bond issuance in November 2018)


June 2020

Aberdeen Standard Investments Limited

Advised Aberdeen Standard Investments Limited as Purchaser in connection with the sale of £35,000,000 retained bonds issued by Boston Mayflower Finance PLC


June 2020 

NATWEST MARKETS PLC

Advised NatWest Markets Plc as Placing Agent in connection with the sale by Futures Treasury Plc of £50,000,000 initially retained bonds (having worked on the original £200,000,000 bond issuance in February 2019).


June 2020

Multiple Clients

Advised NatWest Markets plc as Sole Solicitation Agent and Prudential Trustee Company Limited as Bond Trustee in connection with the consent solicitation pursuant to which LiveWest Treasury plc was substituted as Issuer and other amendments to the terms and conditions of the bonds


May 2020

Prudential Trustee Company Limited

Advised Prudential Trustee Company Limited in connection with the transfer of £100,000,000 retained bonds from Home Group Limited to Natwest Markets Plc


May 2020 

MULTIPLE CLIENTS

Advised both investors as Purchasers in relation to £120,000,000 notes issued by Your Housing Group under two separate note purchase agreements.


May 2020

Northumbria Healthcare NHS Foundation Trust

Advised the issuer in relation to the issuance of £50,000,000 privately placed Notes


May 2020 

Barclays Bank PLC

Advised Barclays Bank PLC as Dealer in a tap issue by GB Social Housing plc of £13,900,000 notes


May 2020 

Barclays Bank PLC

Advised Barclays Bank PLC as Sole Bookrunner in connection with the issue of £100,000,000 Secured Bonds by Together Finance Housing plc


May 2020 

Pension Insurance Corporation PLC

Advised Pension Insurance Corporation as Purchaser in connection with the issuance of £55,000,000 Notes issued by Castles & Coasts Housing Association Limited


April 2020 

Joint Bookrunners

Advised Barclays Bank PLC, HSBC Bank plc and Lloyds Bank Corporate Markets plc as Joint Bookrunners in connection with the issue by Sanctuary Capital PLC of £350,000,000 bonds


April 2020 

LONDON & QUADRANT HOUSING TRUST

Advised London & Quadrant Housing Trust on £250,000,000 2.6% secured bonds (due 2028) and on £250,000,000 3.125% secured Bonds (due 2053).


April 2020

Joint Bookrunners

Advised BNP Paribas and HSBC Bank plc as Joint Bookrunners in connection with the issue by Optivo Finance plc of £25,000,000 bonds


April 2020 

M&G INVESTMENT MANAGEMENT LIMITED

Advised M&G Investment Management Limited as structuring agent in connection with the purchase, by several purchasers, of £114,000,000 of notes (initially unsecured for up to six months) issued by Dumfries and Galloway Housing Partnership Limited ("DGHP"). The financing was part of a wider restructure with DGHP becoming part of the Wheatley Housing Group. Prior to DGHP joining the Wheatley Housing Group, DGHP and Wheatley were Scotland's two biggest social landlords.


March 2020

Aberdeen Standard Investments Limited

Advised Aberdeen Standard Investments Limited as Purchaser in relation to the issue by The Mayor and Burgesses of the London Borough of Brent of £80,000,000 notes


March 2020 

Rothesay Life PLC

Advised Rothesay Life plc as Purchaser in connection with the issue by Bromford Housing Group Limited of £50,000,000 bonds listed on the Official List


March 2020 

Pension Insurance Corporation PLC

Advised Pension Insurance Corporation as Purchaser in relation to £10,000,000 privately placed Series B Notes issued by Greatwell Homes Limited (previously Wellingborough Homes Limited) under a Note Purchase Agreement dated March 2019


March 2020 

Rothesay Life PLC

Advised Rothesay Life Plc as Purchaser in connection with the purchase of £25,000,000 retained bonds issued by PenArian Housing Finance Plc


February 2020 

Rothesay Life & Pension Insurance Corporation PLC

Advised Rothesay Life Plc and Pension Insurance Corporation plc as Purchasers in connection with the issue by Notting Hill Genesis


January 2020 

BARCLAYS BANK PLC

Advised Barclays Bank PLC as sole Lead Manager in connection with the issue by Citizen Treasury Plc of £100,000,000 bonds


January 2020

Rothesay Life PLC

Advised Rothesay Life plc as Purchaser in connection with the purchase of £100,000,000 retained bonds issued by The Guinness Partnership Limited


January 2020 

MetLife Investments LTD

Advised MetLife Investments Ltd as Purchaser in relation to the Series B Closing under the Note Purchase Agreement dated 6 December 2018


December 2019

Sun Life Assurance Company of Canada

Advised Rothesay Sun Life Assurance Company of Canada as Purchaser in relation to the £20,000,000 Series C Note issued by Linc-Cymru Housing Association Limited pursuant to a Note Purchase Agreement dated 16 November 2018


December 2019 

Joint Bookrunners

Advised Rothesay Life Plc and BAE Systems Pension Funds Investment Management Limited as Purchasers in connection with the £75,000,000 Notes issued by Adra (Tai) Cyfyngedig


December 2019 

Macquarie Bank Limited

Advised Macquarie Bank International Limited as investor in relation to the issue by London Borough of Redbridge of £63,839,000 Notes


November 2019

RBC Europe Limited

Advised RBC Europe Limited as Sole Lead Manager in connection with the issue by Sanctuary Housing PLC of £75,000,000 Secured Bonds


November 2019

Multiple Clients

Advised Lloyds Bank Corporate Markets plc as Sole Lead Manager and Prudential Trustee Company Limited as Bond Trustee and Security Trustee in connection with the issue by London & Quadrant Housing Trust of £84,800,000 bonds listed on the Official List of the FCA and admitted to trading on the London Stock Exchange's regulated market


October 2019

Joint Bookrunners

Advised Banco Santander, Lloyds Bank Corporate Markets and NatWest Markets as Joint Bookrunners and Prudential Trustee Company Limited as Bond Trustee and Security Trustee in connection with the issue by The Wrekin Housing Group Limited of £250,000,000 bonds, listed on the Official List of the FCA and admitted to trading on the London Stock Exchange's regulated market


October 2019

BAE Systems Pension Funds Investment Management Limited

Advised BAE Systems Pension Funds Investment Management Limited as investment manager and agent of certain purchasers in connection with the issuance by Housing Plus Group Finance Limited of £45,000,000 of guaranteed notes to refinance and restructure an existing agreement.


October 2019

Assura Financing PLC

Advised Assura Financing PLC as issuer in connection with the issue of £60,000,000 notes pursuant to a note purchase and private shelf agreement dated 30 September 2016


October 2019 

NatWest Markets Plc

Advised NatWest Markets Plc as bookrunner in respect of the issue by One Manchester Treasury Limited of £75,000,000 of secured guaranteed notes pursuant to a private placement.


October 2019

Joint Bookrunners

Advised Santander UK plc and NatWest Markets Plc as joint bookrunners and Prudential Trustee Company Limited as bond trustee and security trustee in respect of a secured bond issue by Futures Treasury Plc (anticipated to be £200,000,000).


October 2019

Barclays Bank PLC

Advised Barclays Bank PLC as dealer in a tap issue by GBSH


October 2019

Rothesay Life PLC

Advised Rothesay Life as Purchaser plc in connection with the purchase of £28,000,000 retained bonds issued by Stonewater Funding plc


September 2019 

Rothesay Life PLC

Advised Rothesay Life as Purchaser plc in connection with the purchase of £35,000,000 retained bonds issued by RHP Finance PLC


September 2019 

Pension Insurance Corporation PLC

Advised Pension Insurance Corporation plc as Purchasers in relation to the issuance of £25,000,000 Series A Notes issued by EMH Housing and Regeneration Limited pursuant to a Master Note Purchase Agreement dated 9 July 2019


July 2019 

Pension Insurance Corporation PLC

Advised Pension Insurance Corporation plc as Purchaser in relation to the issuance of £20,000,000 notes issued by Halton Housing


June 2019

Barclays Bank PLC

Advised Barclays Bank as Dealer in a tap issue by GBSH


June 2019

BAE Systems Pension Funds Investment Management Limited

Advised BAE Systems Pension Funds Investment Management Limited as investment manager and agent of certain purchasers in connection with the issuance by The Honourable Society of the Inner Temple of £20,000,000 of notes.


June 2019

University of Greenwich

Advised University of Greenwich as Issuer of £30,000,000 secured bonds in relation to a consent solicitation regarding substitution of security


May 2019

BARCLAYS BANK PLC

Advised Barclays Bank PLC as Placement Agent in connection with the sale by Southern Housing Group Limited of £100,000,000 initially retained bonds (having worked on the original £300,000,000 bond issuance in October 2018)


May 2019

Sun Life Assurance Company of Canada

Advised Sun Life Assurance Company of Canada as Purchaser in relation to the £20,000,000 Series B Note issued by Linc-Cymru Housing Association Limited pursuant to a Note Purchase Agreement dated 16 November 2018


April 2019

BPHA FINANCE LPC AND BPHA LIMITED

Advised bpha Finance plc and bpha Limited on £150,000,000 4.816 % secured bonds due 2044 (to be consolidated with its existing issuance of £200,000,000 4.816% secured bonds (due 2044)).


April 2019

Barclays Bank PLC

Advised Barclays Bank PLC as dealer in the update of GBSH's programme and Series 2 issuance


March 2019

PENSION INSURANCE CORPORATION

Advised Pension Insurance Corporation as purchaser in connection with the issuance by Livin Housing of £65,000,000 notes


March 2019

Pension Insurance Corporation PLC

Advised Pension Insurance Corporation as Purchaser in relation to £10,000,000 privately placed Series A Notes issued by Wellingborough Homes Limited


March 2019 

Massachusetts Mutual Life Insurance Company

Advised Massachusetts Life Insurance Company in its capacity as Purchaser in relation to the £10,000,000 Second Secured Notes issued by MORhomes PLC


February 2019 

MetLife Investments LTD

Advised MetLife Investments Ltd as Purchaser in relation to the issuance of £85,000,000 Notes issued by Nottingham Community Housing Association Limited pursuant to a Note Purchase Agreement


December 2018 

Blackpool Investment Management (UK) Limited

Advised in relation to the issuance by Wheatley Funding No.1 Limited of £50,000,000 Notes


November 2018 

Massachusetts Mutual Life Insurance Company

Advising the purchaser in relation to the private placement of £60,000,000 Notes by the Cambridge Housing Society Limited


November 2018 

Barclays Bank PLC

Advised Barclays Bank as dealer in a tap issue by GBSH


November 2018 

Multiple Clients

Advised Sun Life Assurance Company of Canada and M&G Investment as Purchasers in connection with the issuance by Linc-Cynru Housing Association Limited of £75,000,000 Notes


November 2018 

Standard Life Investments Limited

Advised the Original Holders in connection with the issuance by Greenham Trust Limited of £25,000,000 Notes


November 2018

Legal & General Investment Management Limited

Acted for Legal & General Investment Management Limited as investment manager for the purchasers of £50,000,000 Notes issued by Raven Housing Trust Limited


September 2018 

BAE Systems Pension Funds Investment Management Limited

Advised BAE Systems Pension Funds Investment Management Limited as purchasers in relation to an issuance of Series B Notes by South Staffordshire Housing Association Limited


July 2018