To view this content, you need to sign in.
You should only be asked to sign in once. Not the case? Click here
Register now to access this content and more for free.
Citi, Morgan Stanley back Lone Star’s £2.2bn Project Churchill win
Citi and Morgan Stanley are financing Lone Star's £2.2bn purchase of Aviva's Project Churchill, which comprises a portfolio of loans and real estate assets valued at around £2.4bn. The two banks are reported to be in the deal for an equal share of up to £1.5bn of financing to Lone Star, who saw off Apollo Global Management and Cerberus Capital Management to win the portfolio. Both banks are expected to syndicate their loans.
