|
Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Secures a new debt package at its Saarbrucken business park in south-west Germany. This follows its agreement on a €13 million, five-year loan at around 3.3% with Sparkasse Saarbrucken bank. The loan refinances its Saarbrucken business park, it says. The refinance deal comes after the company early this month raised €350 million through senior unsecured corporate bonds, maturing in 2032 and carrying a 4% coupon. Sirius says MSCI reaffirms its ’AA’ rating for sustainable financing. Current stock price in London: 79.55 pence, up 2.7% on Thursday 12-month change: down 11% Current stock price in Johannesburg: R 18.40, up 0.5% 12-month change: down 14% Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
