Battersea Power Station secures term loans for third development phase

Battersea Power Station
By Silas Brown
12 Sep 2019

Battersea Power Station, the former power station on the banks of the Thames in London, has got £600m of additional term loans for the third phase of its redevelopment.

CIMB Group, Maybank, OCBC and Standard Chartered ran the deal, with Standard Chartered acting as a coordinator too. DBS was a mandated lead arranger and RHB Bank was also an arranger.

There are five tranches in total, each expiring in September 2022. A £20m guaranteed facility and a ...

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