Canary Wharf to sell buildings to RBS and redeem notes

12 Dec 2003

Canary Wharf Group announced last Friday that it will be disposing of two properties from its Canary Wharf Finance II securitisation.

Royal Bank of Scotland will be purchasing the properties for a total of £1.112bn, funded through a combination of debt and equity. This compares with a market value estimated in June 2003 ...

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