Residential Secure Income plc announces that, as envisaged at the time of its three most recent retirement unit acquisitions, it has obtained £40 million of 25-year fixed rate debt secured against 823 retirement units in its portfolio. The partially amortising financing package, which has been arranged with an insurance company, is priced at an all-in fixed rate of 3.4877%. Recognising its strong credit metrics, the debt has been classified as investment grade. ReSI intends to use the proceeds to fund further acquisitions for which ReSI has agreed heads of terms, subject to exclusivity, and is currently performing detailed legal and property due diligence.