Helical shares rise on new loan facility

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Helical’s share price rose 2.5% to 329.5p on Tuesday after the company announced a new £50.4m five-year loan with Wells Fargo to part finance the development of its office development above Farringdon East Crossrail Station in London.

The new facility will be drawn down during the construction phase and will convert into an investment facility for the remainder of its term.

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