Deals of the Year 2024: Deals of the Year 2024: Innovative green RCF paves way for Ardstone expansion
Creative thinking by both sides enabled AIB and its client Ardstone Partners ICAV to fund a substantial portfolio of over 1,000 residential units by way of a €155 million RCF. The green loan facility allows Ardstone to finance further acquisitions, while the planned re-organisations by the borrower and its various subsidiaries were tailored to accommodate the interests of the bank.

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This article appeared in the June 2024 edition.