To view this content, you need to sign in.
You should only be asked to sign in once. Not the case? Click here
Register now to access this content and more for free.
Gravis lends senior debt at sub debt prices
The fund manager has lent £14.4m of senior debt for a 5MW solar plant and £11.25m of subordinated debt for two PFI projects. Both are long-term loans, but Gravis is actually earning more from the senior debt loan than from the subordinated debt piece.
