British Land Web Site - January 18, 2006
British Land Co PLC said it is proposing to refinance its existing superstore portfolio which is securitised through Werretown Supermarkets Securitisations PLC.
The proposed refinancing, which unlocks value for both British Land and existing bondholders, is expected to amount to 750 mln stg and includes 52 mln stg in new floating rate bonds.
The new financing is expected to have a weighted average interest rate of about 4.9 pct, the company said.
Sphere: Related Content
Sunday, January 22, 2006
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment