As debt providers scrutinise their counterparties’ ability to service their debt, some are also adding protective mechanisms to their loan deals.
3 min read · 26 August 2020
A renewed spotlight has been put on the ability of the borrower’s tenant to continue paying its rent.
3 min read · 25 August 2020
Financings like the £60m, five-year revolving credit facility for Supermarket Income REIT should become more regular in the UK grocery retail sector as demand mounts.
3 min read · 07 August 2020
Jayne Backett, banking partner with law firm Fieldfisher, says debt providers need to consider the unique risks of financing data centres.
3 min read · 28 July 2020
Nick Sanderson says the UK landlord obtained an interest cover ratio waiver on its sole secured loan to ensure ‘flexibility’ amid reduced retail rents.
3 min read · 16 July 2020
UK-focused Shiva Hotels is the latest owner and operator to source debt finance for a high-end development in the UK capital.
2 min read · 03 July 2020
The rating agency’s analysis of office-backed CMBS transactions shows AAA- and AA-rated tranches can withstand higher vacancy rates, while lower-rated tranches are more vulnerable.
3 min read · 01 July 2020
The UK-based Swiss Life subsidiary sourced a £56m loan from DekaBank for its recent London office acquisition, amid debate about the future of the sector.
3 min read · 24 June 2020
The insurance company has provided a 40-year financing to housing association Bromford Housing through a private placement.
3 min read · 16 June 2020
A nine-month ‘national timeout’ for the hospitality sector will bolster liquidity, according to the private wealth law firm.
3 min read · 12 June 2020
