Helical finds space for bigger revolver

China property_230px
By Mike Turner
05 Aug 2019

The UK’s Helical has amended and extended its bank debt, with the office real estate firm ramping up the size of its revolving credit facility to £400m.

Barclays, HSBC, NatWest and Wells Fargo provided the financing.

The facility is due to mature in 2024, though has two one year extension options.

It refinances the company’s existing £150m revolver and a £200m development facility taken out to finance a development on the company’s largest asset, the Bower offices in London.

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.