Intu taps Trafford Centre CMBS platform for another £110m

By Joseph McDevitt
21 Feb 2014

Intu Properties, the shopping centres group that grew out of Capital Shopping Centres, is planning to issue £110m of bonds secured by the Trafford Centre near Manchester.

The deal is the latest offering from the Intu Trafford CMBS platform that the group has used since 2000. It then issued another set of bonds from the same programme in 2005. There is around £700m of debt outstanding from those two transactions.

“The company is, in ...

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