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Nottingham Trent University

Education

Nottingham Trent University

QMPF acted as financial advisor to the Nottingham Trent University in the £78m refinancing of its student accommodation partnership with UPP, which reached financial close in April 2016.  The refinancing involved 911 beds of c. 4.400 operated by UPP at the University.  They initially reached financial close in 2012 and have been operational since 2013.

The £67m senior debt was provided by Allianz Global Investors through a 33 year indexed-linked bond.”

Stephen Jackson, Commercial Development Director at Nottingham Trent University, said:

“The refinancing has secured the long-term funding of our student accommodation provision and has been an important transaction for the University. QMPF’s advice enabled us to get comfortable with the commercial impact of the refinancing and to generate best value to the University as a result.”

The Queen’s Anniversary Prize for Higher and Further Education was awarded to Nottingham Trent University in November 2015. It is the highest national honour for a UK university and recognises the institution’s world-class research. Pioneering projects to improve weapons and explosives detection in luggage, enable safer production of powdered infant formula, and combat food fraud, led to the prestigious award

For further information contact:

Peter Lyons

Partner
+44 (0)131 222 2613

DATE

April 2016

SECTOR

Education

TRANSACTION

Refinancing

VALUE

£78m

ROLE

Financial Adviser