Cheyne Capital Management has provided a £35m junior loan to Lincolnshire-based housebuilder Larkfleet Homes.
The loan will be used to expand the company’s operations and invest in existing and new sites across Lincolnshire, Cambridgeshire, Northamptonshire, Rutland, Norfolk, Suffolk, and the South West.
Senior debt has been provided by HSBC.
Deloitte advised Cheyne. Pinsent Masons were advisers for HSBC.
To send feedback, e-mail alex.peace@egi.co.uk or tweet @egalexpeace or @estatesgazette
