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Capital Markets:
Access to long-term financing from institutional investors.

The growth of the private placement market in recent years has provided borrowers with access to diversified sources of long-dated capital at low fixed interest rates.

How we can help:

As an independent financial advisor we can help support you throughout the issue process:

  • Plan the issue process and timetable
  • Manage appointment of a bond arranger/agent and legal counsel
  • Market engagement: assist in preparation of investor presentation & for roadshows
  • Structure covenants and requirements regarding tranches, maturity & drawdown
  • Documentation review (Note Purchase Agreement) & support to reach close
  • Analyse offers and benchmark final pricing

In certain circumstances, we may be able to assist an issuer in executing a deal without the need for a separate agent (for the borrower effectively to ‘self-arrange”). We can:

  • Facilitate investor market contacts
  • Lead investor presentations
  • Obtain offers from investors
  • Advise on investor selection

This form of debt funding is generally most applicable to ‘investment grade’ infrastructure assets and direct issuance by quasi-public sector borrowers (such as universities, local authorities, housing associations) and high-quality corporates.

We have advised on 15 private placements in the last 5 years raising more than £1bn.

For further information contact:

Peter Lyons

+44 (0)131 222 2613

Graeme Aithie

+44 (0)131 222 2602

Graeme Tough


+44 (0)131 222 2607

Royal Holloway, University of London – £60m PP

QMPF advised Royal Holloway, University of London on the refinancing of its existing legacy bank loans, termination of hedging agreements and the execution of a self-arranged £60m private placement.

Eildon Housing Association

QMPF is delighted to have supported Eildon Housing Association in securing a £40 million private placement deal with major investors the Pension Insurance Corporation (PIC).

University of York – £120m PP

QMPF advised the University of York on its successful £120m private placement. The deal attracted strong interest from investors and was heavily oversubscribed, reflecting both the University’s recent successes and future prospects.