Non-Standard Finance plans equity capital raise of around £80m

By Greg Wright
Published 15th Jun 2021, 07:54 BST
Updated 15th Jun 2021, 07:56 BST
Non-Standard Finance has provided a trading update for the CityNon-Standard Finance has provided a trading update for the City
Non-Standard Finance has provided a trading update for the City
Credit lender Non-Standard Finance is making plans for an equity capital raise of around £80m, the company confirmed today.

The board of Leeds-based Non-Standard Finance has announced that it will publish the results for the year ended 31 December 2020 on 30 June 2021.

The statement added: "The board continues with the detailed work for a substantial equity capital raise which is expected to be in the region of £80m and is likely to be in the form of a placing and open offer, supported by our largest shareholder.

Hide Ad
Hide Ad