Supermarket Income REIT keeps real estate debt binge going

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By Mike Turner
28 Jan 2021

Supermarket Income REIT, a UK grocery property investment trust, has signed an £80m revolving credit facility, as the real estate sector continues to pile on debt.

The new uses Sonia as a benchmark from day one instead of Libor, with the Reit paying a margin of 150bp over the floating rate. 

Loans bankers predict a wave of activity in the last quarter of the year, as borrowers look to change the documentation on their existing ...

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