Battersea builds £1.25bn loan via three MLABs

Battersea Power Station
By Shruti Chaturvedi
26 Jun 2014

Battersea Power Station, which began holding talks with banks for a sterling loan in early March, has firmed up a £1.25bn ($2.13bn) facility to be arranged by three mandated lead arrangers and bookrunners.

CIMB Bank, Maybank and Standard Chartered have been picked to lead the deal, said bankers close to the fundraising. Terms are yet to be determined, including the tenor of the transaction, they added.

“It’s still early days,” said one of the bankers. “But because of the size of ...

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