Allianz Global Investors provided funding through an index linked bond, with UPP and Nottingham Trent University providing the subordinated debt and equity.
The project relates to the Byron Residence at NTU which initially closed in 2012, containing senior debt with a five year tenor. It involves a 40-year concession to deliver a 911-bed hall of residence, as well as new student union facilities, a gym, cafe, and entertainment venue.
Mazars provided tax advisory and model audit services on this transaction from our teams based in London and Delhi.
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