Helical agrees £400m loan

Helical Bower exterior

Helical has secured a £400m revolving credit facility (RCF), replacing its existing facilities on the company’s largest asset, The Bower, London

The RCF has been agreed with four of its lenders -  Barclays, HSBC, NatWest and Wells Fargo. The new facility, initially repayable in July 2024, has two one-year extension options which, if exercised, would extend the repayment date to July 2026.

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