QMPF advised Somerville College on its successful £20m private placement. The placement, which was heavily oversubscribed, will allow the College to invest in additional student residences, enabling it to house all undergraduates in College and expand the provision of graduate accommodation.
Andrew Parker, Treasurer and Domestic Bursar of Somerville College said
“I haven’t been involved in a private placement bond issue before and Andrew’s calm, measured and informed advice was crucial to me in negotiating the NPA and especially on the day of selecting the investor and pricing the deal. Without him it wouldn’t have been as successful as it was”.
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