British Land signs £735m RCF with 12 banks

4 Kingdom Street British Land

British Land has signed a £735m unsecured revolving credit facility at an initial margin of 90 basis points (bps) with 12 banks.

The facility is an amendment and extension of the £785m revolver that the company signed in April 2014 at an initial margin of 115 bps.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue