Haydock Announces Third Public Securitisation

Last week Haydock successfully completed their third public securitisation. Hermitage 25 places £380m of receivables into a public ABS, thus freeing up capacity to continue to grow the balance sheet and support UK businesses.

John Jenkins CEO commented: “Getting our third deal done, less than a year after the last one is a great endorsement of Haydock and demonstrates the confidence the market has in us as an issuer. Each time we create more capacity in our funding, it allows us to support more UK businesses with their plans to grow and invest. A big thank you to our advisers for helping to get this over the line."