Darlington College - Refinancing of Bank Borrowing

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    "date": "2021-07-20T02:33:18+01:00",
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    "description": "Section II.3) - dates refer to the initial contract period and do not include the options of any extensions. Section IV.3.5) - any dates shown are an estimate. In the first instance, candidates should register with www.multiquote.com and express an interest in the contract, full details of the contract will be available. The Contracting Authority shall not be under any obligation to accept any tender. The Contracting Authority reserves the right to cancel the entire or parts of the tender, without such an action conferring any right to compensation on the Tenderers. The Contracting Authority has no liability to settle any cost incurred by the tenderer as a result of the tendering procedure.",
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        "title": "Darlington College - Refinancing of Bank Borrowing",
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        "mainProcurementCategory": "services",
        "description": "Darlington College is seeking an Organisation regulated by the PRA and FCA to refinance its bank borrowing.",
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                "description": "Darlington College is seeking an Organisation regulated by the PRA and FCA to refinance its bank borrowing. * An organisation with experience of lending to the UK education sectors * A organisation that will provide a nominated relationship manager and service team that has experience of the UK FE sector. * The ability to provide a fully credit and pricing backed proposal to this ITT * Able to complete the refinance/restructure of existing borrowing by 10 May 2021 * An online provision to meet the needs of the college The College is considering refinancing its bank borrowing into one of the following 3 structures and seeks pricing and terms for each: Option 1, a PS3m 5-year amortising loan with a 10-year repayment profile, option 2, a PS3m Revolving Credit Facility over 5 years, option 3 a PS3m Revolving Credit Facility over 3 years.",
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                            "name": "How the organisation limits its impact on the environment",
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                    "id": "GB-FTS-22868",
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            "contactPoint": {
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                "email": "mark.dodd@tenetservices.com",
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            "contactPoint": {
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                "email": "megan.leatherland@barclays.com"
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