S&U Secures GBP600 Million in New Financing Facilities

06:45 AM EDT, 10/27/2026 (MT Newswires) -- S&U (SUS.L) secured new securitization facilities worth up to 600 million pounds sterling from two tier-1 UK financial institutions on an initial three-year term. The new funding will replace the London-listed financing specialist's existing 330 million-pound facilities at improved rates, according to a Tuesday release. The company will allocate 350 million pounds to its Advantage motor finance business and 250 million pounds to its Aspen property finance unit. The company will also retain a revolving credit facility of up to 25 million pounds for Advantage.