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BRIEF-Empiric Student Property says ‍new revolving credit facility for 70 mln stg
November 20, 2017 / 7:33 AM / 24 days ago

BRIEF-Empiric Student Property says ‍new revolving credit facility for 70 mln stg

Nov 20 (Reuters) - EMPIRIC STUDENT PROPERTY PLC:

* ‍NEW REVOLVING CREDIT FACILITY FOR 70 MILLION​ STG

* ‍NEW REVOLVING CREDIT FACILITY OF 70 MILLION STG WITH LLOYDS BANK COMMERCIAL BANKING​

* EMPIRIC STUDENT PROPERTY - ‍FACILITY IS SECURED AGAINST A PORTFOLIO OF OPERATING ASSETS, HELD AS A LENDING GROUP, THROUGH A WHOLLY OWNED GROUP SUBSIDIARY​

* ‍FACILITY CAN BE USED FOR GENERAL CORPORATE PURPOSES INCLUDING FINANCING OF PURCHASE OF PROPERTIES Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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