Edaw masterplan could benefit from Cambridge bond issue
A masterplan drawn up by Edaw is one of two schemes Cambridge University wants to pursue by borrowing money for the first time in its 800 year history.
One of the options being considered is using bonds: a certificate of debt by an institution guaranteeing the lender repayment of the sum borrowed by a specified future date.
The university is hoping to raise up to £300 million to build Edaw’s north west Cambridge project, which will include student accommodation, along with a collection of buildings on the New Museums site in the middle of the city …