April 21, 2017 / 6:12 AM / in 7 months

BRIEF-Hammerson signs £360 million revolving credit facility

April 21 (Reuters) - Hammerson Plc:

* Signs £360 million revolving credit facility with a 5 year maturity

* Syndication and signing of a £360 million unsecured rcf at an initial margin of 90 basis points with a syndicate of fourteen international banks

* Facility has a maturity of five years which may be extended to a maximum of seven years.

* New facility will refinance an existing £175 million rcf maturing in april 2018

* New facility will result in a reduced margin of 60 basis points Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below