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Oaklee Housing

Thursday, 07 June 2018

Oaklee Housing one of the largest Approved Housing Bodies (AHBs) in Ireland on a significant and pathfinder deal involving  a €50m debt financing deal with German-based Norddeutsche Landesbank (NORD/LB).  The deal involved an SPV structure in a social housing property portfolio acquisition project, utilising the Capital Advance Leasing Facility (“CALF”) and Payment and Availability (“P&A”) funding supports available to AHBs from the Department of Housing, Planning and Local Government, through local authorities.

Deirdre McBennett, Partner, advised on this transaction.