P2P Global Investments raises £400m, Liberum Joint Bookrunner
P2P Global Investments plc (Ticker: P2P LN) Friday raised £400 million from a placing of 40 million C shares (P2P2 LN), with Liberum as Sponsor, Joint Bookrunner and Joint Broker.
P2P Global Investments invests directly and indirectly in consumer and SME loans and in corporate trade receivables originated through peer-to-peer platforms in the UK, US and Europe.
P2P lending brings borrowers and lenders together via lower-cost online platforms and covers consumer, SME and corporate debt.
P2P Global Investments also invests in equity stakes in P2P platforms.
Admission of the C Shares to the premium listing segment of the Official List, and to trading on the main market for listed securities of the London Stock Exchange and the commencement of unconditional dealings, is expected to take place Tuesday 28 July.
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