Together Financial Services Limited (Together) has closed its £200m Genesis Asset-Backed Securitisation (GABS).
The revolving private warehouse facility matures in December 2029 and is backed by a mix of bridging and term mortgage loans secured against residential, mixed-use, and commercial property.
Gary Beckett, group managing director and chief treasury officer at Together, said: “The completion of another successful funding transaction this calendar year underscores the continued strength of Together’s business and the long-term support of our funding partners.
“This new facility enhances our liquidity position and strengthens the maturity profile of our funding structure, enabling Together to further support customers in achieving their property ambitions.”
