Banks give green light to Segro in new €460m finance deal

17 April 2014

Segro has agreed €460m of new unsecured bank facilities. These include a €225m revolving multi-currency, five-year syndicated bank facility and a further €235m multi-currency loan that will expire in May 2018. The initial margin across both is 125 basis points - around 25 below the group’s current average margin.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Try Property Week For Free to finish this article.

Unlimited access to Property Week
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue