Battersea Power Station mulls new £3bn loan

Battersea Power Station
By Rashmi Kumar
13 Mar 2014

Just months after sealing a $1.32bn-equivalent loan, Battersea Power Station is mulling a return to the sterling market for a much larger facility of up to $5bn-equivalent.

The original £790.2m deal, signed at the end of October 2013, was used for two purposes: to refinance a bridge loan raised to buy the site over the summer, and to fund the first phase of development and refurbishment ...

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