Sirius Real Estate : SRE – renegotiates bank debt

Sirius has announced that it has signed a €32.5m banking facility with Macquarie, €22m of which has been used to repay loans to RBS – Sirius has repaid its RBS facility in full. The balance of the Macquarie money has been used to part repay money owed to Berlin Hyp AG and Sirius says it hopes to close the refinancing of the balance of this facility in January 2014.

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