Brighton University raises cash for new builds through bonds
A university has become one of the first educational establishments of its kind to raise millions of pounds for new accommodation projects through selling bonds.
The University of Brighton has secured £35 million to fund a major expansion in its student accommodation in Brighton and Hastings.
It is understood the university raised the cash through a private placement last month and that a single US investor, whose identity is undisclosed, is said to have purchased all of it …