Supermarket Income REIT £100 million revolving credit facility

20/9/2017

Acquisition finance, Financing

Value:

£ 100 million

Dollar value:

$ 135 million

Status:

Announced

Date:

20/9/2017

Overview:

Supermarket Income REIT has taken out a £100 million revolving credit facility.
The lender was HSBC.
The funds were used for the three recent acquisitions - a Sainsbury's store in Ashford and two Tesco's stores in Thetford and Bristol.

Katrin Kostadinova - Data analyst

Jurisdiction:

United Kingdom

Deal types:

Acquisition finance
Financing

Practice area:

Banking

Governing law:

England and Wales

Industry sector:

Real estate

Firm:

Macfarlanes

Party: Supermarket Income REIT (Borrower)

Lawyers: Colin Morgan, Nick Barnes

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