Financing the Transaction
Chesnara structured the purchase through a combination of internal resources, borrowing and equity issuance — a financial mosaic designed to balance growth with stability.
The company funded £55 million from existing cash reserves, secured £65 million in debt financing and raised the remaining £140 million through the issuance of new shares in July.
The completed transaction underscores Chesnara’s business model of acquiring and managing life insurance portfolios, often described as assembling a patchwork quilt of policies into a single, income-generating platform.
With the Chesnara Completes HSBC Buy milestone now official, the company positions itself as a larger force in Britain’s life and pensions sector — betting that scale, disciplined capital management and steady dividends will continue to anchor its long-term strategy.
