Quintain secures £800m loan from Wells, AIG and CPPIB for Wembley

Quintain has closed an £800 million corporate development facility with three North American lenders, securing finance for the next five years for the development of its masterplan at Wembley Park in north London. The facility is split into a £560 million, five-year revolving senior loan which has been provided by Wells Fargo and US insurer AIG, and £240 million of mezzanine from Canadian Pension Plan Investment Board.