Helical finds space for bigger revolver
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: firstname.lastname@example.org