S&U PLC secures £600 million in new securitisation facilities

S&U PLC has secured two new securitisation facilities from Tier 1 UK financial institutions, providing up to £600 million over an initial three-year term, replacing its existing £330 million facilities at improved rates. The funding is split between its motor finance business Advantage (£350 million) and property finance subsidiary Aspen (£250 million).

Detected & updated continuously · Source: Nebula