Refinance - Calico Homes own and manage approximately 4,600 homes in Lancashire.
Refinance - Calico Homes own and manage approximately 4,600 homes in Lancashire.
1 PagesCase Study DTP provided support and advice throughout the refinancing project which saw us move from the previous LSVT syndicate to a more appropriate arrangement which will enable Calico to continue with our ambitious development plans over the next few years. Steve Aggett, Group Director of Finance A different perspective Objective To increase Calico’s financial capacity and have greater freedom over it’s future borrowing; increase the total available funding from £115m to £142.5m; and deal with an emerging refinancing risk. What we did We undertook a review of capacity and funding options in September 2017. Calico has big plans and our review identified that Calico’s existing LSVT style syndicated loan arrangements were no longer suitable because were restricting Calico’s bor
