Bruntwood seeks extension for £229m CMBS debt and seeks talks over £165m three-bank revolver

Bruntwood, the North West-focused property company, has submitted a proposal to bondholders to repay £123.05m of securitised debt in exchange for uplifts on the Bruntwood CMBS bond coupons and a two-year extension of the Bruntwood Estates Loan, which matures next … Continue reading →

Bruntwood kicks-off £432m CMBS debt refi with £120m LGIM 10-year loan

This gallery contains 1 photo.

Bruntwood, the family-owned North West-focused property company founded by Michael Oglesby almost 40 years ago, completed a partial refinancing of its outstanding £432.55m securitised debt with a £120m 10-year senior loan from Legal & General Investment Management. LGIM’s fixed rate loan … Continue reading →