Supermarket Income REIT increased a secured term loan for its joint venture with funds managed by Blue Owl by GBP 222 million to GBP 437 million. The interest-only facility matures in June 2028 and includes two one-year extension options at lenders’ discretion. The facility is priced at a margin of 1.65% above SONIA and has a fixed all-in rate of 5.24%. Supermarket Income REIT will receive 50% of the increased facility proceeds to refinance near-term debt maturities. After the transaction, the company’s loan-to-value ratio, including joint venture debt, was 43%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Supermarket Income REIT plc published the original content used to generate this news brief via the SENS service, an information dissemination service administered by the JSE Limited ("JSE") (Ref. ID: S518612), on March 18, 2026, and is solely responsible for the information contained therein.
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