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BRIEF-Helical sells retirement villages portfolio to Legal & General for 102 mln pounds
November 14, 2017 / 7:48 AM / in 5 days

BRIEF-Helical sells retirement villages portfolio to Legal & General for 102 mln pounds

Nov 14 (Reuters) - HELICAL PLC:

* ‍SALE OF ITS RETIREMENT VILLAGES PORTFOLIO TO LEGAL & GENERAL FOR £102 MILLION.​

* TRANSFERRED £46 MILLION OF DEBT SECURED AGAINST PORTFOLIO TO PURCHASER AND WILL RECEIVE 50% OF TOTAL NET SALE PROCEEDS OF £51M ON COMPLETION​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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