By Andrew Schonberg
Date: Friday 07 Apr 2017
LONDON (ShareCast) - (ShareCast News) - UK property investment company Custodian REIT has completed a new term-loan facility for £50m with Aviva Investors Real Estate Finance.
It said the facility comprised two tranches -- one of £35m and the other of £15m.
Custodian REIT drew down the first tranche on 6 April. It was repayable on 6 April 2032 with a fixed rate of interest of 3.02% per annum payable on the balance.
It said the second tranche was available for draw down on or before 5 October 2017, with a fixed rate of interest payable on the balance, calculated at the same margin as Tranche 1 above the prevailing Treasury 4.25% 2032 gilt rate on the date of draw down.
Following agreement of the new loan, Custodian REIT had £150m of agreed debt facilities.
At about 11:30 GMT, its shares were flat at 112.5p each.
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| Currency | UK Pounds |
| Share Price | 81.00p |
| Change Today | -0.20p |
| % Change | -0.25 % |
| 52 Week High | 84.70p |
| 52 Week Low | 67.30p |
| Volume | 416,406 |
| Shares Issued | 460.11m |
| Market Cap | £372.69m |
| Value |
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| Price Trend |
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| Income |
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| Growth |
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| Latest | Previous | |
|---|---|---|
| Q2 | Q1 | |
| Ex-Div | 06-Nov-25 | 31-Jul-25 |
| Paid | 28-Nov-25 | 29-Aug-25 |
| Amount | 1.50p | 1.50p |
| Time | Volume / Share Price |
| 14:47 | 3,529 @ 81.00p |
| 14:46 | 37 @ 81.50p |
| 14:46 | 2 @ 81.50p |
| 14:46 | 4 @ 81.50p |
| 14:46 | 4 @ 81.50p |
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