27-02-2020 10:38 via retailgazette.co.uk

Intu credit extension secured

// Intu secures extension on credit facility with its lenders
// 7 of its existing banks will provide the £440 million revolving credit facilityIntu has agreed to an extension on its credit facility with its lenders on the condition that it can raise a total of £1.3 billion equity.
The shopping centre owner’s new £440 million revolving credit facility (RCF) will be provided by all seven of its existing banks.
It is due to replace its £660 million facility which expi
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