Redefine secures £303m financing for Aegon assets

A syndicate of four banks have provided a £303m facility at 1.9% to Redefine International to help fund £490m of purchases from Aegon. HSBC, Barclays, Abbey National Treasury Services and the Royal Bank of Scotland have teamed up to lend the property investor a £155m term loan and a £148m revolving credit facility.