BRIEF-UNITE completes 226 mln stg UCC financing

Tue Jan 7, 2014 2:09am EST

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Jan 7 (Reuters) - Unite Group PLC : * Unite completes £226 million ucc financing with l&g and rbs * Announces completion of new debt facilities totalling £226 million for the

Unite Capital cities joint venture (UCC) * Transaction reduces ucc's cost of finance from 5.5% to 4.0% generating annual

savings of £3.5 million * Source text

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