Bibby reaches £1bn funding capacity through securitisation
Bibby Financial Services (BFS), has renewed its UK securitisation arrangement for a further three years to boost its support for businesses during a period of ongoing economic turbulence.
The refinance deal led by Lloyds Bank alongside HSBC, Barclays Bank PLC, BayernLB and with participation from funds under the management of Insight Investment, sees BFS’s total funding capacity increase to more than £1bn.
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Posted on Nov 14, 2022 Region: UK
receivables securitisation securitisation, receivables, SME finance, invoice finance, Bibby, HSBC, Barclays, BayernLB, Insight Investment
