Source - Alliance News

LendInvest PLC - London-based non-bank mortgage lender - Successfully closes three-year strategic funding facility, which is valued at £42.5 million. Notes that the facility is with an unnamed ‘global alternative investment manager.’ Says proceeds from the transaction will be used to refinance an existing short-term, buy-to-let and residential mortgages funding facility.

Current stock price: 28.65 pence each

12-month change: down 65%

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