Devonshires advise Moat on £100m bond tap issue

Devonshires are delighted to have acted for Moat on its £100m bond tap issue.

Through its subsidiary Moat Homes Finance plc, Moat completed a Forward Purchase Agreement to issue the fund in principal amount of its 5% Secured Bonds – due in 2041.

The proceeds are due to be received on 8th November this year and will be used to support Moat’s development programme over the coming years.

The team was led by Julian Barker assisted by Rachel Orgill-Harris.

Read more about our Banking, Capital Markets & Property Charging team.

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