Finance

Lloyds backs M&G's Brexit-triggered Enhanced Value Fund with £53.5m loan

By 2019-01-18T10:19:00

Paul Crosbie

Lloyds Bank’s real estate and housing team has agreed terms for a new £53.5m revolving credit facility for the M&G UK Enhanced Value Fund (UK EVF).

UK EVF, which launched earlier this year to “take advantage of current heightened levels of risk aversion created by the Brexit process”, is a seven-year closed-ended fund.

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