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Songbird to buy and repay outstanding £880m Citi loan at discount

By Deirdre Hipwell, Deirdre Hipwell Deirdre Hipwell Deirdre Hipwell2009-08-28T14:01:00

Songbird, the AIM-listed vehicle which owns a 60.8% interest in Canary Wharf Group, is to raise equity to purchase and repay an outstanding £880m loan to Citi.

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