|
Derwent London PLC - owns real estate portfolio in central London worth £5 billion - Signs up to a £100 million unsecured revolving credit facility with the UK arm of Sweden’s Handelsbanken. The new RCF has a five-year term with two one-year extension options. It also has a £50 million accordion option. Derwent London doesn’t provide the interest rate of the RCF but says its margin over a benchmark and financial covenants are in line with the company’s other bank facilities. Current stock price: 2,030.00 pence 12-month change: up 3.9% Copyright 2026 Alliance News Ltd. All Rights Reserved.
|
