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News

Bedell Cristin's Jersey team advise Andium on £100m private placement funding

05 December 2024

Bedell Cristin's Jersey team has advised Andium Homes Limited, Jersey's largest provider of affordable housing, on its successful £100m funding via a US Private Placement. 

A team led by Guy Westmacott alongside Alasdair Hunter, with support from senior associate Emily Nieuwburg, advised on the Jersey law aspects of the matter, working with Andium's lead counsel, O’Melveny & Myers LLP.

The funding secured by the issuance, which is Andium's first in the private placement market, will support Andium's ongoing development programme which is focused on delivering much needed new family homes for Jersey residents.

Guy Westmacott, Head of Corporate for Bedell Cristin Jersey, commented: "We were excited to be involved in this hugely important transaction, and it has been a pleasure to work alongside Andium and their other advisers to achieve a great result for Jersey."

 

Location: Jersey

Related Service: Banking & Finance

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