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Prospect News home > News index > List of issuers P > Headlines for PRS REIT plc > News item
Published on 5/20/2019 in the Prospect News Bank Loan Daily.

PRS REIT obtains £200 million debt facility

By Rebecca Melvin

New York, May 20 – U.K-based PRS REIT plc subsidiary Sigma PRS Management Ltd. has obtained £200 million of additional debt facilities with Scottish Widows and Lloyds Bank, the company said in a release.

The new facility brings the company’s total deployable funds to £900 million.

The new funds have already been committed to development sites. Once finished, the closed end real estate investment trust will have a portfolio of about 5,600 high-quality rental homes.


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