Peel Land & Property has completed the refinancing of its £266m core corporate loan facility with a club of five banks.
Barclays, HSBC, Lloyds Bank Commercial Banking, RBS and Santander have agreed the new loan with the Peel Group subsidiary.
The business, which forms part of John Whittaker’s Peel Group, is behind regeneration projects including the £600m MediaCityUK in Salford Quays, Greater Manchester (pictured) and Liverpool Waters.
Berwin Leighton Paisner acted on behalf of the lenders; Travers Smith advised Peel Land & Property.
bridget.oconnell@estatesgazette.com
