City’s bank team sorts out £50m uni package

From left to right Nick Petford, vice chancellor of the University of Northampton; Steve Lyon, relationship director at Lloyds Bank Wholesale Banking & Markets and Terry Neville, finance director of the University of Northampton. � Tim George / UNP 01274 412222
From left to right Nick Petford, vice chancellor of the University of Northampton; Steve Lyon, relationship director at Lloyds Bank Wholesale Banking & Markets and Terry Neville, finance director of the University of Northampton. � Tim George / UNP 01274 412222
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A team of wholesale bankers in Milton Keynes has helped a university sort out a £50million funding package.

Lloyds Bank’s Wholesale Banking & Markets team, in Silbury Boulevard, is refinancing an extensive refurbishment and new accommodation programme at the University of Northampton.

£10million has been secured from the European Investment Bank enabling discounted funding.

Steve Lyon, relationship director at Lloyds Bank Wholesale Banking & Markets is pictured flanked by university vice chancellor Nick Petford, left, and Terry Neville, the institution’s finance director. The university has been a customer of Lloyds since 1990.