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Hammerson signs up to new credit facility

Hammerson has signed a £330m five-year revolving credit facility.

It has been arranged by 12 mandated managers.

The shares fell 21p to 1,219p after more profit-taking in the wake of the REITs boost from the Budget.

References: The Times 04/04/06 page 38 (Need to know), The Independent 04/04/06 page 60 (Main movers)

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