skip to content

Other

UK Commercial Property unit draws down loan

08 April 2015 13:29

UK Commercial Property Trust has confirmed that its wholly owned subsidiary, UK Commercial Property Finance Holdings, has drawn down in full the £100m available under the 12 year, fixed rate, term loan facility agreement with Cornerstone Real Estate Advisers Europe.

The company says that as previously announced, the new facility was provided to the group for the purpose of refinancing the £80m term loan facility provided by Lloyds Bank, which was due for repayment on 19 June. The balance of the new facility will be used for working capital purposes.

At 1:29pm: (LON:UKCM) UK Commercial Property Trust share price was +0.38p at 92.98p

Story provided by StockMarketWire.com

Related Company: UKCM

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

Bluezest Aviva Aberdeen

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.