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Deal Date: 17-05-2016 Practice Area: International Finance and Bank Credit
Deal Title: SEGRO plc - Amended and Extended Bank Facilities Industry: Real Estate Investment Trusts
Description:
Slaughter and May advised SEGRO plc on its amended bank facilities totalling EUR 780 million. The facilities comprise a EUR 610 million‎ syndicated revolving credit facility and two bi-lateral revolving credit facilities of EUR 100 million and EUR 70 million each. The net impact of the changes was a EUR 110 million increase in the unsecured committed bank facilities available to the Group and an increase in their weighted average maturity from 25 months to 57 months (with an option to extend the EUR 610 million facility by a further 24 months).
Financial Center: London Value: 1000.01-5000.00
Advised Party: Borrower Law Firm
Borrower United Kingdom Lender United Kingdom
Classification: Syndicated and Bilateral Loans Syndicated Loans
Lawyer Matthew Tobin