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BRIEF-Terra Firma raises about 4 bln stg for UK property firm Annington
July 5, 2017 / 4:45 PM / 5 months ago

BRIEF-Terra Firma raises about 4 bln stg for UK property firm Annington

July 5 (Reuters) - Terra Firma:

* Announces a refinancing for Annington to provide long term stability through landmark transaction​

* Successful pricing of an about 4 billion stg refinancing transaction for Annington, one of Europe’s largest ever real estate refinancings​

* Transformational transaction will put Annington on a stronger financial footing with an anticipated investment grade credit rating​

* Raised 550 million stg from existing investors via Terra Firma Special Opportunities Fund 2, about 3 billion stg of corporate bonds and 400 million stg in bank loans​ Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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