Silva Housing to join Abri Group as a subsidiary

Radian Capital plc
08 September 2023
 

Radian Capital PLC

8 September 2023

 

 

Silva to join Abri as a subsidiary

Radian Capital Plc (the Issuer)

£100,000,000 6 per cent. Secured Bonds due 2042, £100,000,000 4.622 per cent. Secured Bonds due 2044 and £200,000,000 5.029 per cent. Secured Bonds due 2049 (the Bonds)

The boards of Abri Group Limited (Abri) and Silva Housing Limited (Silva) have approved proposals for Silva to become a wholly owned subsidiary of Abri. 

The target date for formal completion is early October, subject to lender consents. 

Discussions about a potential partnership were first announced in March this year. 

 

For further information, please contact:

Vimal Gaglani

Radian Capital PLC

Collins House

Bishopstoke Road

Eastleigh

Hampshire

SO50 6AD

 

Email: vimal.gaglani@abri.co.uk    

 

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