London's Canary Wharf borrows $777 million from Apollo

London's Canary Wharf borrows $777 million from Apollo in refinancing deal
London's Canary Wharf district will borrow 610 million pounds ($777 million) from U.S. investment giant Apollo to repay bonds due over the next two years, raising its funding costs but removing near-term refinancing risks.
Canary Wharf Clinches Vital £610 Million Refinancing From Apollo
Funds managed by Apollo Global Management Inc. have agreed to provide a £610 million ($778 million) loan to Canary Wharf Group, enabling the owner of most of the east London financial district to repay upcoming bond maturities.
Canary Wharf secures £610m loan with Apollo
Canary Wharf Group has secured a £610m loan with US private capital firm Apollo, the east London landlord confirmed on Tuesday.
Apollo Lends £610M As Canary Wharf Completes £2B Of Refinancing
Apollo Global Management has completed a £610M loan to Canary Wharf Group, with the proceeds to be used to repay CWG’s bonds, due for repayment in April 2025 and April 2026, reducing debt pressure on the company. The whole loan has been secured in tranches against the majority of CWG’s 1.2M SF retail portfolio, which is 97% occupied.
London's Canary Wharf borrows $777 mln from Apollo in refinancing deal
London's Canary Wharf business district said on Tuesday it would borrow 610 million pounds ($777 million) from U.S. investment giant Apollo to repay bonds due over the next two years.
Billionaires’ Private Capital Giant Loans $778 Million To London's Canary Wharf
Apollo Global Management has agreed to loan £610 million to Canary Wharf, as the New York-based investment group seeks to ...
Canary Wharf takes £610m loan from investment giant Apollo
Canary Wharf has taken out a £610m loan with American private equity giant Apollo, as part of refinancing efforts.
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Apollo lends London's Canary Wharf $777 million in refinancing deal
London's Canary Wharf business district said on Tuesday it would borrow 610 million pounds ($777 million) from U.S.
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