Trio of Oaktree shopping centres breach debt covenants

The Kingsgate Shopping Centre in Dunfermline

Oaktree Capital has breached debt covenants on a trio of retail assets according to a notice from debt servicer CBRE.

The assets involved in the breach of loan to value (LTV) covenants are The Kingsgate Shopping Centre in Dunfermline, The Rushes in Loughborough and The Vancouver Centre in King’s Lynn.

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