Arbuthnot Latham provides flexible £20m facility to drive growth of demerged firms.
Arbuthnot Latham, the private and commercial bank, has provided a £20m facility to help drive growth and business development opportunities following the demerger of Solo Capital Homes Ltd.’s portfolio. Arbuthnot Latham agreed a facility for each company of up to £10m, including a £5m revolving credit facility for the purchase of additional property, for the purpose of investment and property trading. A strategic joint venture agreement has already been formalised with Coplan Estates, a mixed-use developer.
