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Supermarket Income REIT PLC - London-based real estate investment trust for property leased to grocery retailers - Says it has increased its secured term loan for its joint venture with funds managed by Blue Owl Capital by £222 million to £437 million. The loan is from a bank syndicate comprises Barclays PLC, HSBC Holdings PLC, ING Group NV, Lloyds Banking Group PLC and Credit Agricole CIB, a unit of Credit Agricole SA. Supermarket Income says the interest-only facility matures in June 2028, and carries two one-year extension options. Says the increased facility is priced at a margin of 1.65% above Sonia. Notes that it will receive 50% of the proceeds from the increased facility, which will be used to refinance its near-term debt maturities. After the transaction, Supermarket Income’s loan-to-value, including debt within the joint venture, is 43%. Current stock price in London: 85.90 pence, up 1.3% on Wednesday 12-month change: up 11% Current stock price in Johannesburg: R 18.86, up from 0.3% 12-month change: up 2.6% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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