Tender

GB-London: EMTN Advisory Services

PEABODY TRUST

This public procurement record has 1 release in its history.

Tender

21 Jul 2023 at 11:50

Summary of the contracting process

The Peabody Trust, a large social housing provider managing over 104,000 homes in London and the Home Counties, has issued a tender for EMTN Advisory Services. The purpose of this tender is to select an Adviser for the establishment of an European Medium Term Note (EMTN) programme, which will provide flexibility in accessing the debt market. The contract period for this services procurement starts on September 1, 2023, and ends on November 30, 2023. SMEs are considered suitable for this contract, and the tender deadline is August 3, 2023.

This tender by Peabody Trust presents an opportunity for businesses to provide advisory services for setting up an EMTN programme, positioning Peabody in the debt capital markets, and broadening their investor base. Businesses in the corporate finance and venture capital services industry category, especially SMEs, are well-suited to compete for this open procedure procurement. The minimum contract value is £25,000, with an overall value of £50,000.

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Notice Title

GB-London: EMTN Advisory Services

Notice 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. Additional information: 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

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-489f6593-1746-4fa0-8071-5ea6dba4e2ab
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/c6fb8d3b-7659-4f20-a35b-77f1c9cf2508
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

66 - Financial and insurance services


CPV Codes

66122000 - Corporate finance and venture capital services

Notice Value(s)

Tender Value
£50,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
21 Jul 20232 years ago
Submission Deadline
3 Aug 2023Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
31 Aug 2023 - 30 Nov 2023 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Contracting Authority (Buyer)

Main Buyer
PEABODY TRUST
Contact Name
Paul Lewis
Contact Email
paul.lewis@peabody.org.uk
Contact Phone
03001233456

Buyer Location

Locality
LONDON
Postcode
SE1 7JB
Post Town
South East London
Country
England

Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI4 Inner London - East
Small Region (ITL 3)
TLI44 Lewisham and Southwark
Delivery Location
Not specified

Local Authority
Southwark
Electoral Ward
St George's
Westminster Constituency
Bermondsey and Old Southwark

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts.

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