Picton secures EUR 260m in new debt facilities

By A staff reporter 2012-06-28T00:00:00

UK investment manager Picton Property Income has agreed two new debt facilities totalling £209 mln (EUR 261 mln) with Aviva Commercial Finance and Canada Life. The new facilities will be used to refinance Picton's existing CMBS facility and bank loan totalling £188.5 mln, which are due to mature in 2013.

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