UKCM increases sterling loans

Mike Turner

February 21, 2019 02:15 pm

PA-UK houses — General view of houses in Victoria Road, London, named 'the most expensive street in the UK' in 2015 with an average house price of over £8 million. The borough of Kensington and Chelsea is one of the most polarised in Great Britain, with some of the most expensive real estate in the UK just a short walk from several of the most deprived wards in the country - including the area around the Grenfell Tower. Picture date: Wednesday July 12th, 2017. Photo credit should read: Matt Crossick/ EMPICS Entertainment. | Matt Crossick/Empics Entertainment

UK Commercial Property Reit (UKCM) has added to its revolving credit facilities and reduced its term loans, shaving 10bp off its cost of funding, as lenders say sterling loans are viable despite Brexit uncertainty.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ 4 capital markets databases
✔ Daily newsletters across markets and asset classes
✔ 2 weekly podcasts

Topics

Syndicated Loans UK Europe Barclays EMEA

MT

Mike Turner

Corporate Debt Editor