Issue 2011 September 05th

This issue was created on 2011-09-05 22:33:00

  • Rockspring secures debt deal on French mallSeptember 5, 2011
International property fund manager Rockspring has obtained a euro219m debt facility in one of the largest real estate financing deals in France this year. The loan is securitised against the O'Parinor shopping centre in the north of Paris and was provided by German property lenders Helaba and Aareal Bank. Helaba acted as the agent and arranger, while Aareal was the co-arranger. Rockspring arranged the loan on behalf of NPS Real Estate Projects Limited Partnership, a vehicle established by the National Pension Service of Korea (NPS) and the duration of the loan is five years, with extension options for a further two years.
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