Sirius refinances €170m of debt with German bank

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Sirius Real Estate has completed the early refinancing of €170m (£149m) of lending with Berlin Hyp AG a year in advance of the facility’s due date.

The refinancing comprises a new 7-year, €170m facility at a fixed interest rate of 4.26%, which will replace and redeem the existing facility upon its expiry on 31 October.

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