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Refinancing
Borrowers that do not have surplus capital will face problems, says the chief lending officer.
PKO Bank Polski and ING Bank ลlฤ
ski have refinanced Polandโs largest provider of PBSA assets.
The campus in Oxfordshire has gone from wartime depot to science powerhouse.
The residential provider says the unique terms help it to move from development to investment debt quicker.
Lenders at the industry bodyโs London event said competition to back transactions is fierce.
The facility replaces a previous ยฃ450m RCF and features ESG-linked KPIs.
The loan is secured against one of the e-commerce firmโs largest UK distribution centres.
The 16-storey Park Tower Hotel is undergoing a transformation project.
The developer has added two banks to its existing lender consortium for the complex.
The debt will be used, alongside capital from the disposal of ยฃ85.9m of assets, for future acquisitions.