Lancaster University – Fundraising

QMPF is delighted to have supported Lancaster University on its recent fundraising for a £60m Revolving Credit Facility. The facility replaces the University’s existing facility and extends its relationship with Lloyds Banking Group, who are the sole lenders of the facility. The facility will be used by the University for general liquidity management.

QMPF’s advice included managing the funding competition, evaluating and optimising funding offers and structures, supporting governance approvals and steering the transaction to completion.

Sarah Randall-Paley, Chief Financial Officer, Lancaster University said:

“Huge thanks to Peter Lyons and Jessica Holden from the QMPF team who provided a smooth, professional process in a highly competitive situation leading to a great outcome for the University.  I appreciated their clear advice, prompt attention and a ‘no fuss’ approach to assisting us expertly through the process.  Highly recommended!”