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

Segro

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.

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