Supermarket Income REIT increases revolver to £136.5 million

By Marisa Wong

Los Angeles, Jan. 5 – Supermarket Income REIT plc has arranged a £136.5 million increase to its revolving credit facility with Barclays and Royal Bank of Canada, according to a news release.

Following this increase, the total size of the facility is £250.2 million with a further £49.8 million uncommitted accordion option, exercisable at any time over the term of the facility.

This secured interest-only revolver has a remaining term of two years and two further one-year extension options, with a margin of 150 basis points above Sonia.

The real estate investment trust is based in London.

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