Irish property lender Onate launches €100m bond programme

Company provides property bridging loans and is the third most active non-bank lender in the country

Daniel Gandesha, founder of Onate Picture: Fergal Phillips

Irish property lender Onate has established a €100 million secured note programme on the Vienna MTF, operated by the Vienna Stock Exchange.

In a statement the company said that this, coupled with its “multiple senior institutional funding lines”, means the group has strong diversity of funding sources.

It added that it is well placed for further expansion of its business in providing short-term property finance for purchases, renovations, equity release and debt settlements secured against ...