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 | 75.70p |
Change Today | -1.20p |
% Change | -1.56 % |
52 Week High | 94.20 |
52 Week Low | 65.00 |
Volume | 601,078 |
Shares Issued | 440.85m |
Market Cap | £333.72m |
Value |
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Price Trend |
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Income |
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Growth |
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Latest | Previous | |
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Special | Q4 | |
Ex-Div | 09-May-24 | 09-May-24 |
Paid | 31-May-24 | 31-May-24 |
Amount | 0.30p | 1.38p |
Time | Volume / Share Price |
16:35 | 104,837 @ 75.70p |
16:35 | 46 @ 75.70p |
16:35 | 534 @ 75.70p |
16:35 | 242 @ 75.70p |
16:35 | 2,064 @ 75.70p |
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