Issue of Further Notes

Summary by AI ^BETAClose X

Blend Funding Plc has completed a new tap issuance of £250 million of its 11 June 2032 maturity notes, issued at a credit spread of G+88 basis points and a yield of 4.999 per cent. Of this issuance, £150 million was sold to investors on behalf of Vico Homes, with the remaining £100 million retained by the Issuer for future borrower funding. Following this transaction, the total amount of notes issued is £660 million, with £250 million currently retained by the Issuer.

Disclaimer*

Blend Funding PLC

19 November 2025

Blend Funding Plc

Issue of Further Notes

Blend Funding Plc (the "Issuer") announces that it has completed a new tap issuance of £250 million of its 11 June 2032 maturity notes under its existing programme.

The notes were issued at a credit spread of G+88 basis points and a yield of 4.999 per cent.

Of this amount, £150 million has been sold to investors on behalf of Vico Homes, with the remaining £100 million retained by the Issuer for potential future sale to support funding for future borrowers.

Following this transaction, the total amount of notes issued stands at £660 million, of which £250 million is currently retained by the Issuer.

More details of Blend and its borrowers be found at: https://thehousingfinancecorp.com/investors/blend-funding-plc/

For further information, please contact: Priya Nair or Ben Rick on 020 7337 9920.

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