Barclays provides multi-million funding for Badminton School
Barclays has provided a multi-million pound funding package to Badminton School, a long-established independent day and boarding school for girls aged 3–18 in Bristol, to assist in the school’s future development.
Founded in 1858, Badminton was set up to offer girls the same educational opportunities that boys enjoyed and today is situated in Westbury-on-Trym, Bristol.
Named after Badminton House in Clifton, the school has been located at its current site since 1924. Educating 450 girls at present, the School is ranked highly in the national league tables and welcomes girls from over 25 different nationalities.
The funding will enable extensive re-development and enhancement of the school’s sports facilities, including a new Sports Centre, thereby extending Badminton School’s current impressive total educational provision capabilities.
Emma Sandberg, Director of Finance and Operations at Badminton School, said: “Barclays has taken time to get to know and fully understand our strategic and operational objectives and has been very supportive and flexible in affording financing to support our development requirements, alongside our own Thrive Campaign.
“With the new financial structure in place, we are now able to focus on our exciting Sports Centre development programme, alongside potential future projects which will enhance the outstanding learning environment and comprehensive curriculum which Badminton School is able to provide.”
The funding was led by Keith Herod, Corporate Development Director, Barclays, who said: “Barclays has a leading and longstanding presence in and understanding of the education sector, supporting organisations of different types and sizes up and down the country.
“The funding we have provided to Badminton School is just one example of how we seek to work with our clients to structure financial solutions to support their long-term plans in a flexible manner.”
John Squier, Relationship Director, Barclays, added: “The financing we have provided to Badminton School has been structured so as to not only assist the currently in hand investment project, but to also provide a base of support and flexibility to accommodate further capabilities enhancing investment.
“We are committed to working alongside our clients to help them prosper, and nowhere does this have such a positive social impact than in the education sector.”