Published date: 21 July 2023

Closed opportunity - This means that the contract is currently closed. The buying department may be considering suppliers that have already applied, or no suitable offers were made.


Closing: 3 August 2023, 5pm

Contract summary

Industry

  • Corporate finance and venture capital services - 66122000

Location of contract

Any region

Value of contract

£25,000 to £50,000

Procurement reference

BIP795950448

Published date

21 July 2023

Closing date

3 August 2023

Closing time

5pm

Contract start date

1 September 2023

Contract end date

30 November 2023

Contract type

Service contract

Procedure type

Open procedure

Any interested supplier may submit a tender in response to an opportunity notice.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

Peabody is considering the establishment of an European Medium Term Note ("EMTN) programme during Q4 2023 The purpose of this ITQ is to select a EMTN Programme Adviser (the "Adviser") for an issue of an EMTN as detailed below.
Peabody issued its first Sustainable Bond in March 2022 following the issue of our Sustainable Financing Framework earlier that year. Following full the integration of Catalyst Housing into Peabody in April 2023, we currently manage over 104,000 homes and with around 220,000 residents across London and the Home Counties. With the increased size of Peabody, over the medium term would expect an EMTN programme to provide greater flexibility in accessing the debt market.
While we will be interested in how the Advisers can help best us achieve an efficient establishment of an EMTN programme, we will also look for the Adviser to assist with how Peabody can best position itself regarding the debt capital markets and potentially broaden our investor base.
We will also look to the Advisor to assist in appointing a lead bank and arranger for an EMTN programme.

More information

Links

Additional text

The contracting authority considers that this contract may be suitable for economic operators that are small or medium enterprises (SMEs). However, any selection of tenderers will be based solely on the criteria set out for the procurement.For more information about this opportunity, please visit the Delta eSourcing portal at:
https://www.delta-esourcing.com/tenders/UK-GB-London:-EMTN-Advisory-Services/C96H4DM5AK

To respond to this opportunity, please click here:
https://www.delta-esourcing.com/respond/C96H4DM5AK

About the buyer

Contact name

Paul Lewis

Address

45 Westminster Bridge Rd
London
SE1 7JB
UK

Telephone

03001233456

Email

paul.lewis@peabody.org.uk