DLA Piper has acted on the listing by Places for People Treasury plc of its unlimited AU$ MTN Programme on the Australian Securities Exchange and first issuance of AU$150 million of notes thereunder.

Places for People Treasury plc is a wholly owned subsidiary of the Group parent, Places for People Group Limited. The Group is a leading property management, development, regeneration and leisure group. The Group owns or manages more than 150,000 properties and provides a diverse range of products and services to create high quality, safe and sustainable communities.

National Australia Bank is the Dealer and the Lead Manager under the Programme and the Notes issued thereunder are guaranteed by the Group's regulated subsidiaries, Places for People Homes Limited, Places for People Living+ Limited, Cotman Housing Association Limited and Derwent Housing Association Limited.

Martin Bartlam, International Head of Finance & Projects at DLA Piper, said: "We were very pleased to act on this groundbreaking transaction, which demonstrates the depth of DLA Piper's global Finance practice and debt capital markets experience. The transaction involved our teams based in London, Hong Kong, Singapore and Australia, enabling us to provide a seamless service to our client irrespective of time differences or geographies."

The London Finance team was led by Martin Bartlam, assisted by legal director, Steven Krivinskas, and associate Jenny Sugden. Additional support was provided by Australian Finance and Corporate lawyers, including Corporate partner David Ryan, Head of Finance & Projects Onno Bakker, and senior associates Kelly Morrison and Rosa Sayer.