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BAA McArthur/ Glen Europe raises loan of £24m for expansion

BAA/McArthur Glen Europe has secured a £24m, five year fixed rate loan on Cheshire Oaks Outlet Village in Ellesmere Port, near Chester.

The consortium providing the funding includes Helaba Landesbank, Bayerische Landesbank and Bank of Tokyo Mitsubishi. The deal is intended to help finance BAA/McArthur Glen expansion in the UK and across Europe.

JLW Finance advised the developer.

EGi News 28/08/96

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