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Triple Point raises £195m refinance

Triple Point Social Housing has raised £195m from MetLife and Barings.

The loan notes, which have a weighted term average of 13 years and a weighted average rate of 2.6%, will be used by the social housing REIT to refinance it existing loan facility.

The company currently has £130m drawn from a £160m facility provided by Lloyds and NatWest.

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