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Leeds Beckett University

Education

Leeds Beckett University

QMPF advised Leeds Beckett University on securing a £50m debt facility from HSBC to support the University’s capital expenditure plans.  These include the construction of a state-of-the-art “Creative Arts Building” which will be the home of the University’s School of Film, Music and Performing Arts, plus the fashion department. It will contain specialist facilities including a performance theatre and 220-seat Dolby Atmos movie cinema, as well as dedicated studios for fashion, music, film and television. This flagship development is in the new Innovation District in the city, in the heart of Leeds’ Civic Quarter.

QMPF assisted the University by assessing the various funding options available and ran a debt funding competition to obtain a funding solution which met the University’s objectives.

Further details of the University’s projects can be found at:

http://www.leedsbeckett.ac.uk/facilities/creative-arts-building/

Philip Harrison, Director of Finance, Leeds Beckett University, said “QMPF were able to draw on their extensive knowledge and experience of the sector in helping the university achieve an excellent result. Their professionalism and responsiveness throughout was exemplary”.

For further information contact:

Graeme Aithie

Partner
+44 (0)131 222 2602

Natalie Jackson

Associate
0131 222 2618

DATE

November 2017

SECTOR

Education

TRANSACTION

Financing

VALUE

£50m

ROLE

Financial Adviser