Macquarie Lending has provided a £130m unitranche debt facility to independent family-owned UK pub company Trust Inns.
The division, which is part of Macquarie’s corporate and asset finance group was the sole provider of the loan, which has been used to refinance Trust Inns’ existing debt facilities.
Trust Inns owns more than 480 tenanted public houses across England, Wales and Scotland.
Hamish Jones, managing director of Macquarie’s corporate and asset finance group, said: “We are very pleased to be able to provide this financing package to Trust Inns.
“Our flexible approach to lending allowed us to tailor a solution for our client which was appropriate for their specific requirements.”
Lynne D’Arcy, managing director of Trust Inns, said: “We selected Macquarie for this transaction because they were able to provide a comprehensive offering that fits our needs as we continue to support tenants in building successful local pub businesses within our properties.”
bridget.o’connell@estatesgazette.com
